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The information related to interest expense of Classic Music,Inc.is given below: Based on the above data,which of the following is the times-interest-earned ratio? (Round the final answer to two decimal places.)
Nearly Identical Duration
A characteristic of two or more financial instruments whose cash flows match or are very close in terms of their time structure, minimizing interest rate risk.
Bullish Position
An investment strategy where an investor believes that a particular asset's price will rise.
Performance Evaluation
The process of examining how well investments or portfolios have done over a period, comparing their returns against benchmarks or objectives.
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