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What was the significance of the decision in Commonwealth v. Chase ?
Issue Price
The price at which new shares, bonds, or other securities are offered to the public or to existing shareholders for the first time.
Interest Payable
A liability account showing the amount of interest expense that has been incurred but not yet paid out in cash.
Bonds Payable
A long-term liability representing borrowed funds that a company is obligated to repay to bondholders, generally with periodic interest payments.
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