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Which statement about and bonds is correct?
Straight-Line Method
A method of calculating depreciation of an asset which assumes the asset will lose an equal amount of value each year over its useful life.
Times Interest Earned Ratio
A financial metric that measures a company's ability to meet its interest payments on outstanding debt.
Creditors
Entities or individuals to whom money is owed by a business or individual for goods or services provided or as a result of a loan.
Present Value
Today's equivalent value of a prospective sum or cash flows expected later, arrived at by applying a certain rate of return.
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