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Ninety Days Prior to Its Introduction into Commerce, a New

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Ninety days prior to its introduction into commerce, a new chemical must have a pre-manufacturing notice submitted to the EPA that includes, among other information, the chemical name, chemical identity, by-products that would result from its manufacture and disposal, the maximum quantity to be manufactured or imported in the first year, and all available test data related to the impact of the new chemical on health and the environment.


Definitions:

Risk-Free Rate

The theoretical return on an investment with no risk of financial loss, often based on government bonds.

Discount Rate

The discount rate is the interest rate used to determine the present value of future cash flows in discounted cash flow analysis, reflecting the opportunity cost of time and risk.

Cash Flows

The entire volume of cash flows into and from a business, importantly affecting its financial fluidity.

Treasury Bills

These are short-term government securities issued at a discount from their face value, maturing in one year or less.

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