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Define bullying. Next, explain the four elements that make-up what is referred toas "bullying."
Interest Payable
The amount of interest expense that has been incurred but not yet paid by a company, typically related to loans or credit.
Fiscal Year
A 12-month period used for accounting purposes and preparing financial statements, which may or may not align with the calendar year.
Premium, Discount, or Par
A classification to describe if a bond is trading above (premium), below (discount), or at its face value (par).
Market Rate
The ongoing market rate at which you can buy or sell an asset or service.
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