Examlex
What is the range for the following set of scores? Scores: 5,7,9,15
Amortize
The process of spreading out a loan or intangible asset cost over a specific period of time for accounting and tax purposes.
Par Value
The nominal or face value of a bond, share of stock, or coupon as stated by the issuer; it is not indicative of the security's market value.
Semiannually
Happening biannually or once every six months.
Market Interest Rate
The prevailing rate of interest available in the market on debt, which varies with market conditions and the term and risk of the investment.
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