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If a master cylinder with a 1 inch bore is replaced with a cylinder with a three-quarter inch bore, the pressure in the brake lines will be higher when the same amount of brake pedal pressure is applied to each cylinder.
Issue Price
The price at which new shares, bonds, or other securities are offered to the public or to existing shareholders for the first time.
Interest Payable
A liability account showing the amount of interest expense that has been incurred but not yet paid out in cash.
Bonds Payable
A long-term liability representing borrowed funds that a company is obligated to repay to bondholders, generally with periodic interest payments.
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