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Computer technology is helpful in trial preparation, but is not advantageous in the courtroom.
Annual Bond Interest
The total interest that will be earned on a bond over the course of a year.
Face Value
The nominal or principal value of a financial instrument as stated by the issuer, typically used for bonds or currency notes.
Interest Expense
The cost incurred by an entity for borrowed funds, represented as an expense on the income statement.
Market Rate
The current price or interest rate at which securities, commodities, or currencies can be bought or sold in a marketplace.
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