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Which of the Following Is NOT a Human Error or Mistake

question 124

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Which of the following is NOT a human error or mistake?


Definitions:

Above Face Value

A situation where a financial instrument, such as a bond, is traded for more than its original issue price.

Issued Bonds

Debt securities that a company or government has sold to investors to raise capital.

Premium on Bonds Payable

The excess amount over the face value that investors pay when they purchase a bond, representing an additional cost to the issuer.

Semiannual Interest

Interest payments made twice a year on a loan or investment.

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