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Yield to Maturity

This change is often measured in basis points, or hundredths of a percent. Therefore, the 30-year bond has increased 33 basis points over the past month, or 0.33%. Thomas J Catalano is a CFP and Registered Investment Adviser with the state of South Carolina, where he...

How To Determine an Asset’s Salvage Value

The value of particular machinery (any manufacturing machine, engineering machine, vehicles etc.) after its effective life of usage is known as Salvage value. In other words, when depreciation during the effective life of the machine is deducted from Cost of...

Where accruals appear on the balance sheet

Masterpay Ltd. receives interest on $300,000 from the bank every month at an interest rate of 2%. Masterpay’s account gets the current month’s payment in the first week of the following month. When a customer orders equipment, you send them an invoice, including the...
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