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A computer salesman innocently misrepresented a fact about a Macintosh computer to a customer.Although this fact was not about a term of the contract,it did induce the customer to buy the computer.The customer has now learned the true facts and wants to return the computer.If the store refused to take it back,the customer would ask the court for which equitable remedy?
Percentage Increase
A measure of the degree to which a quantity grows over a period of time, calculated as the change in value divided by the original value and expressed as a percentage.
Interest Rate Price Risk
The potential for an investment’s value to change due to a fluctuation in the absolute level of interest rates, illustrating the inverse relationship between price and interest rates.
Zero Coupon Bond
A bond that does not pay periodic interest payments but instead is issued at a discount to its redemption value.
Foreign Bond
A bond issued in a domestic market by a foreign entity, in the domestic market’s currency, to raise capital from investors in that country.
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