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Which of the following statements is false?
Semiannual Interest
Interest that is computed and disbursed semi-annually, commonly found in agreements for bonds and loans.
Bonds Dated
The date at which the bond is issued, establishing when interest payments will start to accrue and when the bond becomes mature for repayment.
Fair Value Method
An accounting approach that estimates the price to sell an asset or settle a liability, based on current market conditions.
Short-term Investments
Investments that are easily convertible into cash, typically within five years or less, used to generate income on surplus funds.
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