NEC Means Not Elsewhere Coded

question 27

True/False

NEC means not elsewhere coded.

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Definitions:

Purchasing Power

The amount of goods or services that can be bought with a unit of currency.

Yield to Maturity

The total return anticipated on a bond if it is held until the date it matures, accounting for interest payments and the repayment of principal.

Semi-Annual

Occurring twice a year, or every six months.