REPRODUCTION COST NEW Definition

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REPRODUCTION COST NEW is the current cost of an identical new property.

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DENAR (DENARI) is a currency of Macedonia.

JUNK BOND is a bond with a speculative credit rating of BB or lower. Such bonds offer investors higher yields than bonds of financially sound companies. Two agencies, Standard & Poors and Moodys Investor Services, provide the rating systems for companies credit. See HIGH YIELD JUNK.

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