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________ Was the First Secure Payment Intermediary Allowing Anyone to Pay

question 52

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________ was the first secure payment intermediary allowing anyone to pay with credit cards and bank accounts without sharing his or her financial information for online purchases.


Definitions:

Dividends

Earnings distributed by an enterprise to its proprietors, commonly resulting from the firm's profit margins.

Constant Growth Rate

The steady rate at which a company’s dividends are expected to grow, often used in valuing stocks with the Gordon Growth Model.

Expected Value

The weighted average of all possible values for a given set of probabilities, used in statistics and financial decision making.

Firm's Stock

The shares of ownership in a corporation that represent a claim on the company's earnings and assets.

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