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Explain the Federal Trade Commission's current stand on ownership of broadcasting stations and why some consider it controversial.
Forward Rate
The agreed-upon exchange rate for currencies to be traded at a future date.
Amortize
This refers to the process of gradually writing off the initial cost of an asset over a period.
Discount
A reduction applied to the regular price of goods or services, or the amount by which the market value of a bond falls below its par value.
Premium
The amount by which the price of something exceeds its principal or nominal value, often applied to bonds, insurance policies, and preferred stock.
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