________ Is a Macro Process Concerned with the Spread of a New

question 80

Multiple Choice

________ is a macro process concerned with the spread of a new product from its source to the consuming public.

• A) Adoption
• B) Assumption
• C) Diffusion
• D) Innovation
• E) Introduction

---

Definitions:

Principal Amount

The original sum of money borrowed in a loan, or invested, on which interest is calculated.

Maturity

Maturity is the date on which the principal amount of a bond, loan, or other financial instrument is to be repaid in full to the investor or lender.

Stated Interest Payment

The amount of interest that a bond or loan promises to pay to its holder, usually expressed as an annual percentage of the principal.

Coupon

The interest rate paid by a bond, typically expressed as an annual percentage of the bond's face value.