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Explain how dividends work.
December 31
The last day of the year in the Gregorian calendar, commonly associated with the closing of fiscal and calendar year accounts.
Cash Equivalents
Investments of a short duration that are easily turned into fixed cash amounts and carry minimal risk of varying in worth.
Interest Rate Changes
Interest rate changes refer to the fluctuation of the cost of borrowing money or the return on investment, directly affecting economic activities such as loans and savings.
December 31
The last day of the year, commonly used as the end date for annual financial statements and reports.
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