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What Are at Least Two Advantages of Taking Computerized Exams

question 48

Essay

What are at least two advantages of taking computerized exams for professional certification or licensing?


Definitions:

Face Value

The nominal or dollar value printed on a security or bond, representing the amount the issuer promises to pay at maturity.

Zero-Coupon Bonds

Bonds that are sold at a discount and pay no regular interest payments but are redeemed at their face value at maturity.

Yield To Maturity

The total return expected on a bond if held until its maturity date, accounting for its current price, interest payments, and face value.

Maturity

The date on which a financial instrument (e.g., bond, loan) reaches its final installment, and the principal is due to be paid to investors.

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