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Over evolutionary time, many cave-dwelling organisms have lost their eyes. Tapeworms have lost their digestive systems. Whales have lost their hind limbs. How can natural selection account for these losses?
Par Value
Par value is the nominal or face value of a bond, share of stock, or coupon as stated by the issuer, which may differ significantly from its market value.
Debt Investments-HTM
Investments in debt securities that are held to maturity, meaning the investor plans to hold the securities until they are paid off at their maturity date.
Stock Investments
Securities representing equity or ownership interest in a corporation, allowing investors to gain dividends and potentially capital gains.
Fair Value
An estimate of the market value of an asset or liability, based on the price that two willing parties would agree to in an arm's length transaction.
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