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In order for Texas to increase its bond debt, approval must be given by the
Reward For Uncertainty
Compensation or return expected for taking on investment or business risks, acknowledging the potential for financial loss.
Present Value
The current worth of a future sum of money or cash flows given a specified rate of return.
Dollar Received
Indicates the actual amount of money received, taking into account all transactions.
Potential Profit Rate
refers to the expected return on investment or the rate at which a particular activity or venture might yield profit under optimal conditions.
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