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List and Explain Some of the Important Characteristics of Secondary

question 53

Essay

List and explain some of the important characteristics of secondary storage.


Definitions:

Par Value

The nominal or face value of a stock or bond as stated by the issuer.

Stock Dividend

A dividend payment made to shareholders in the form of additional shares of stock, rather than cash.

Declaration

An official statement, announcement, or the act of revealing information explicitly.

Market Value

The current price at which an asset or service can be bought or sold in the market.

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