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In a(n) technical simulation, a physical system is modeled as a set of mathematical equations and/or algorithmic procedures that capture the fundamental characteristics and behavior of a system._________________________
Bondholders
Individuals or institutions that hold the debt securities issued by corporations or governments, entitling them to receive interest and the return of principal.
Present Value
The value today of a future monetary sum or sequence of cash inflows, calculated with a defined return rate.
Interest Rate
The rate of a loan designated as interest to the borrower, typically represented as an annual percentage of the loan's unpaid balance.
Present Discounted Value
The value of a future amount of money in today's terms, calculated by applying a discount rate to account for time and risk.
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