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Figure 35-2
Use the figure to answer the corresponding questions.
-The function of the structure labeled 1 in Figure 35-2 is:
Common Stock
Common stock represents ownership shares in a corporation, giving shareholders voting rights and a residual claim on the corporate earnings in the form of dividends.
Par
The face value of a security or bond, which is the amount paid back to the investor when the security or bond matures.
Gain Or Loss
The financial result from the difference between the selling price and the purchase cost of an asset.
Accrued Interest
Interest that has been incurred but not yet paid, reflecting amounts owed for loans or investments.
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