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As the level of productivity increases,it often becomes ¬¬¬¬________ difficult to continuously improve it.
Callable Bonds
Bonds that can be redeemed by the issuer prior to their maturity date at a specified call price.
Redeemable
Refers to an item or financial instrument that can be converted into cash or another financial instrument.
Bond Indenture
The contract between a corporation issuing bonds and the bondholders.
Amortization
The process of gradually writing off the initial cost of an intangible asset over a fixed period of time in a manner similar to depreciation of physical assets.
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