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All of the following statements are correct about a true knot of the cord except:
Intrinsic Value
An underlying or fundamental value. In securities analysis, the price of a security (usually a stock) derived from extensive analysis of the issuing company and its industry. In financial options, the difference between the market price of the underlying stock and the price at which an option on that stock can be exercised (the strike price) if that difference is positive, zero if it is not.
Stock Dividend
A payment made by a corporation to its shareholders in the form of additional shares, rather than cash.
Retained Earnings
Profits that a company has earned to date, less any dividends or other distributions paid to shareholders, which are reinvested into the business.
Balance Sheet
A financial statement that summarizes a company's assets, liabilities, and shareholders' equity at a specific point in time, providing a snapshot of its financial condition.
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