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Instead of Focusing on What She Is No Longer Able

question 181

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Instead of focusing on what she is no longer able to do, 80-year-old Pauline uses her time and money to make up for the shortcomings associated with aging, focusing on activities that are meaningful and important to her. Pauline demonstrates which characteristic associated with successful aging?


Definitions:

Par Value

The face value of a bond or stock as stated by the issuer, which does not necessarily reflect its market value.

Redemption Value

The amount that an investment instrument, such as a bond, is worth at its maturity or when it is redeemed.

Stated Value

Arbitrary value placed by the board of directors on each share of no-par stock to fulfill legal capital requirements.

Total Assets

The sum of all assets, both current and noncurrent, owned by a company, representing the resources it has at its disposal.

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