Examlex
Which of the following statements is false?
Bonds
Financial instruments representing a loan made by an investor to a borrower, typically corporate or governmental, with terms specifying interest payments and the return of principal at maturity.
Par Value
The nominal or face value of a security or stock, which is stated in the corporate charter.
Interest Accrued
Interest that has been incurred but not yet paid, recorded as a liability on the balance sheet.
Cash Dividends
Payments made by a company out of its earnings to its shareholders in the form of cash.
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