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Drexterios Inc. is a financial firm that deals with public grievances regarding bill payments. It uses a centralized location for storing data from its internal databases as well as external sources to make it easy for its employees and customers to access the information. In this scenario, Drexterios uses a(n) _____ to store the data.
Rate of Return
Gains or losses incurred on an investment over a specifically defined period, formulated as a percentage of the investment’s kickoff cost.
Floating-rate Bonds
Bonds that have a variable interest rate, which adjusts periodically according to a benchmark interest rate or index.
Coupon Rate
The interest rate stated on a bond or other fixed-income security, representing the annual interest paid by the issuer to the bondholder.
Convertible Bond
This is a bond that provides the holder the ability to convert it into a set number of shares of the issuer's stock at agreed-upon times over the bond's term, often by the choice of the investor.
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