Present Value (Pv)-The Total Amount That a Series of Future

question 80

Short Answer

Present value (Pv)-the total amount that a series of future payments is worth now-is also referred to as the ________.

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Definitions:

Accrued Interest

The interest that has accumulated over a period but has not yet been paid or received.

Maturity Date

The specified date when a financial instrument such as a bond, loan, or fixed deposit is due to be repaid.

Parent Company

A corporation that owns more than 50% of the voting stock of another company, giving it control of the subsidiary's operations and strategic direction.

Voting Stock

Shares that give the shareholder the right to vote on company matters, such as electing the board of directors.