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Laverne and Shirley started a partnership.Laverne invested $4,000 in the business and Shirley invested $6,000.The partnership agreement stipulated that profits would be divided as follows.Each partner would receive a 10% return on their invested capital with the remaining income being distributed equally between the two partners.Assuming that the partnership earned $4,500 during an accounting period,the amount of income assigned to the two partners would be:
Samurai Bonds
Bonds issued in Japan by foreign entities, denominated in Japanese yen.
Synthetically Created
Created or manufactured using a combination of elements and processes to replicate or improve upon a natural product or financial instrument.
Zero-Coupon Bonds
Bonds that do not pay periodic interest payments and are issued at a deep discount, maturing at face value.
STRIPS
Separate Trading of Registered Interest and Principal Securities, a type of U.S. government security that allows the separate trading of interest and principal components.
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