Examlex
List two ways that a company can formalize top management commitment to ethical business practices.
Effective Rate
is the actual interest rate that an investment earns or a loan incurs, including the effects of compounding over a given period.
Present Value
The current worth of a future sum of money or stream of cash flows given a specific rate of return, accounting for the time value of money.
Semiannually
Happens biannually, usually every six months.
Callable Bonds
Bonds that the issuer has the right to redeem before their maturity date at a predetermined price.
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