What Will Be the Value of Z After the Following

question 27

Multiple Choice

What will be the value of z after the following statement is executed? int z = 50 /10.00;

• A) 5
• B) 5.0
• C) 50
• D) 10
• E) None of thse; a run-time error will occur because z is an int and 50/10.00 is not

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Definitions:

Annual Coupon

The annual interest payment paid to bondholders, usually expressed as a percentage of the bond's face value.

Convertible Issues

Financial instruments such as bonds or preferred stocks that can be converted into a predetermined number of common stocks.

Conversion Value

The monetary worth at which a convertible security (like convertible bonds) can be converted into a specified number of shares of common stock.

Call Price

The specified price at which a callable bond can be redeemed by the issuer before its maturity.