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Preventive maintenance repairs design and programming errors.
Constant Growth Stock
A stock assumed to pay dividends that grow at a constant rate indefinitely, making it possible to use dividend discount models for valuation.
Warrants
Financial derivatives that give the right, but not the obligation, to buy or sell a security at a specific price before a certain date.
Contracts
Legally binding agreements between two or more parties that outline terms and conditions for specified activities or transactions.
Fixed Price
A set cost that does not change over time, regardless of variations in market conditions or demand.
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