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Together with the possibility of default risk on all kinds of bonds except US Treasuries, there’s also interest rate risk, which never ought to be ignored. If you cover the minimum payment, then you’re incur interest charges. Other times you might be made to take on business debt to launch fresh goods, or expand your company.
The aim of financial accounting is to provide info about the worth of their company to other people so they can find an appropriate company to place money into. It is known as the language of money. Accounting in the recent times is known as the language of money.
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