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MATCHING
Identify the letter of the choice that best matches the phrase or definition.
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365-Day Year
A method used in various financial calculations that assumes a year consists of exactly 365 days.
Maturity Value
The total amount payable to the holder of a financial instrument at its maturity date, including principal and any accrued interest.
360-Day Year
An accounting convention that simplifies interest calculation by assuming all months have 30 days.
Maturity Date
The date on which the principal amount of a loan, bond, or other financial instrument becomes due and payable.
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