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What is the product of the following reaction?
Semiannual Interest
Interest that is computed and disbursed semi-annually, commonly linked with loans or bonds.
Journal Entry
A record of financial transactions entered in a journal, a fundamental part of the double-entry bookkeeping system.
Carrying Value
Carrying value, or book value, is the net amount at which an asset or liability is valued on a balance sheet, factoring in its original cost minus depreciation, amortization, or impairment costs.
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