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Wide area networks carry both data and voice.
Preferred Stock
A class of ownership in a corporation with a higher claim on assets and earnings than common stock, usually with fixed dividends.
Quarterly Dividend
A dividend payment made by a company to its shareholders every three months, representing a portion of the earnings.
Compounded Quarterly
A method of calculating interest where the interest earned on an investment is calculated four times a year and added to the principal sum, leading to interest calculations on interest in subsequent periods.
Future Value Factor
A formula used to determine the future value of an investment based on its current value and rate of return.
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