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FIGURE 22-1 What is the arrow pointing to in Figure 22-1 above?
Periodic Payments
Payments made or received regularly over a designated period of time, often found in loans or annuities.
Asset Substitution
The practice of replacing an asset in a portfolio with another asset, typically to manage risk or improve returns.
Loan Provisions
Financial terms or conditions included in a loan agreement, such as interest rates or repayment requirements.
Debt Covenants
Agreements between a borrower and lender that outline conditions the borrower must comply with to avoid default.
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