Suppose a Variable Is Passed by Value to a Parameter

question 70

Multiple Choice

Suppose a variable is passed by value to a parameter of a Sub procedure, and the parameter has its value changed inside the Sub procedure. What will the value of the variable be after the Sub procedure has executed?

• A) It will have the newly modified value from inside the Sub procedure.
• B) Its value can't be determined without more information.
• C) It will retain the value it had before the call to the Sub procedure.
• D) None of the above

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Definitions:

Premium Bond

Bond prices and interest rates are inversely related; that is, they tend to move in the opposite direction from each other. A fixed-rate bond will sell at par when its coupon interest rate is equal to the going rate of interest, rd. When the going rate of interest is above the coupon rate, a fixed rate bond will sell at a “discount” below its par value. If current interest rates are below the coupon rate, a fixed rate bond will sell at a “premium” above its par value.

Floating Rate Bond

A floating rate bond is a bond with a variable interest rate, which adjusts periodically according to a specified benchmark.

Variable Rate

An interest rate that can change over the period of a loan or mortgage, based on an underlying benchmark interest rate or index.

Coupon Payment

The interest payment made to bondholders, typically semiannually, as a return on investment.