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The Dominant Force at Convergent Boundaries Is

question 140

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The dominant force at convergent boundaries is


Definitions:

Face Value

The nominal or dollar value printed on a financial instrument, such as a bond or stock certificate.

Callable Bonds

Bonds that can be redeemed by the issuer before their maturity date at a specified call price.

Noncallable Bonds

Bonds that cannot be redeemed by the issuer before their maturity date.

Callable Bonds

Bonds that can be redeemed by the issuer prior to their maturity date, usually at a predetermined price.

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