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In the program design phase of the PDLC, the specifications developed during the problem analysis phase are used to develop a(n) ____ for the program.
Par Value
The nominal face value of a security as stated by the issuer, often used in reference to bonds or shares.
Paid-in Capital
Funds raised by a company through the sale of stock or other equity instruments, reflecting the investment made by shareholders.
Retained Earnings
Profits of a company that are not distributed as dividends but are instead reinvested in the business or kept as reserve.
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