Examlex
Which of the following pairs is mismatched?
Common Stock
A type of equity security that represents ownership in a corporation, giving shareholders voting rights and a share in the company's profits via dividends.
Premium on Bonds Payable
The amount by which the bond's selling price exceeds its face value.
Paid-In Capital
The amount of money raised by a company in exchange for shares of its stock, including both the par value of the stock and amounts in excess of par value.
Contract Rate of Interest
The contract rate of interest is the fixed interest rate specified in a debt instrument or loan agreement that the borrower must pay to the lender.
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