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Why do financial statement users (financial analysts, for example) need information about seg need hyphen ments of a firm?
Investment Account
An account held at a financial institution that is used by investors to hold and manage securities, such as stocks, bonds, and mutual funds, and other investments.
Rate Of Return
The gain or loss on an investment over a specified time period, expressed as a percentage of the investment’s initial cost.
Effective Annual Rate
The annual interest rate that takes into account the effects of compounding over multiple periods.
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