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Table 11-12. Will's expenditures on food for three consecutive years, along with other values, are presented in the table below.
-Refer to Table 11-12. Suppose the consumer price index is 15.5 percent higher in 2011 than in 2009. Then Will's food expenditures for 2010 in 2011 dollars amount to
Investment
Allocation of resources, usually money, in the expectation of generating an income or profit.
Available-for-sale Debt Portfolio
A categorization of debt investments not classified as held-to-maturity or trading securities, which can be sold prior to maturity.
Unrealized Loss
A financial situation where an investment holds a lower market value than its purchasing price, yet the investor has not actually sold it to incur a realized loss.
Amortized Cost
The initial investment cost adjusted for amortization or depreciation over the period of the investment.
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