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Sarah was appointed by her group to be their leader. She possesses legitimate power.
Premiums And Discounts
Terms related to the bond market; premiums occur when a bond's price is higher than its face value, and discounts when it's sold below face value, affecting its yield.
Bond Investments
Financial securities that represent a loan made by an investor to a borrower, typically corporate or governmental, that pays periodic interest payments and the return of principal at maturity.
Interest Income
Earnings received from investments in debt instruments such as bonds, loans, or savings accounts.
Carrying Amount
The value at which an asset or liability is recognized on the balance sheet, factoring in depreciation or amortization and impairment if applicable.
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