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True or False: The answer to the question "What is your sleeping bag temperature rating?" is an
example of a ratio scaled variable.
Premium
The amount paid for a product or service above its nominal value, often related to insurance or bonds.
Discount
A reduction from the usual cost of something, or the amount by which an asset's book value is reduced for accounting purposes.
Inception Date
The date on which an agreement, contract, or financial instrument becomes effective.
Forward Contract
A forward contract is a customized contract between two parties to buy or sell an asset at a specified price on a future date.
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