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Interest Rate Forward Contracts
Financial derivatives that lock in the future interest rate to be paid or received on a certain principal amount.
Financial Distress Costs
Expenses or losses incurred by a company when it is struggling to meet its financial obligations.
Capital Markets
Financial markets where long-term debt or equity-backed securities are bought and sold, aiding in the raising of capital.
Derivatives
Financial contracts whose value is based on the performance of an underlying asset, index, or interest rate, used for hedging risks or speculating.
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