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Which statement is NOT true of the normal flora of a person?
Bonds
Bonds are financial instruments representing a loan made by an investor to a borrower, typically corporate or governmental, which pays interest over time and returns the principal at maturity.
Effective Yield
The total yield on an investment, taking into account the compounding of interest, as opposed to just the nominal rate.
Bond Issue Costs
Expenses associated with the issuance of bonds, including legal fees, printing costs, and commissions, that are typically amortized over the life of the bonds.
Financial Statements
Documents that report on a company's financial performance, position, and cash flows, typically including the balance sheet, income statement, and cash flow statement.
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