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The probability of A and its complement (A´) will always sum to one.
Trading (Debt) Securities
Financial instruments, such as bonds or notes, that are bought and sold with the intention of making a profit from short-term price fluctuations.
Historical Cost
The original monetary value of an asset or expense as recorded at the time of purchase or acquisition.
Fair Value
An estimate of the price at which an asset would trade in a competitive auction setting.
Long-Term Investments
Assets that a company intends to hold for more than one fiscal year, such as stocks, bonds, real estate, or investments in other companies.
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