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People with a strong internal locus of control orientation believe that events are determined mostly by chance or fate and they can do little to improve their lives.
Amortization of Discount
The gradual reduction of a bond discount over the life of the bond, effectively increasing the bond's book value to its face value at maturity.
Net Income
The total profit of a company after all expenses and taxes have been deducted from revenues.
Bonds Payable
Long-term liabilities represented by bonds that a company must repay to investors at a specified maturity date.
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