Examlex
Recently, there has been a decline in the proportion of white youth detained but an increase in the proportion of __________ youth in custody.
Bond Discounts
The financial difference observed when a bond's selling price is less than its stated face value upon sale.
Effective-Interest Method
A way of calculating the amortized cost of a bond and the amount of interest expense over its relevant period.
Interest Expense
The cost incurred by an entity for borrowed funds, often reflected in financial statements.
Market Rate
The market rate refers to the current price or interest rate of a commodity, security, labor, or currency in the marketplace.
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