Examlex
The following two statements both assign the value 5 to the variable dept.
5 = dept;
dept = 5;
Bond Premium
Bond Premium is the difference by which the price paid for a bond exceeds its face value, typically occurring when the bond's interest rate is higher than the current market rate.
Straight Line Amortization
A method of gradually reducing the cost value of an intangible asset over a fixed period of time through regular fixed payments.
Effective Tax Rate
The average rate at which an individual or a corporation is taxed, calculated by dividing the total tax paid by the taxable income.
Unrealized Profit/(Loss)
A profit or loss that results from an investment that has not yet been sold or finalized.
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