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Identify and state the historical significance of Japanese militarism and the "China incident" of 1937.
Mortgage
A loan used to purchase a property, where the property itself serves as collateral for the loan.
Growing Annuity
A series of cash flows that grow at a constant rate for a specified number of periods, commonly used in retirement planning.
Cash Flow Growth Rate
The yearly percentage growth in a company's cash flow from operations, indicating its financial health and operational efficiency.
Required Rate of Return
The minimum return an investor expects to achieve from an investment, considering its risk level and alternative opportunities.
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