It Is Important in Lateral Communication to Remember to

question 21

Multiple Choice

It is important in lateral communication to remember to

• A) put the message in writing
• B) pass the message along
• C) let the supervisor know decisions
• D) use the cross -functional team

---

Definitions:

Promised Yield

The return a bond issuer commits to pay to bondholders, usually expressed as an annual percentage.

Modified Duration

A measure of the sensitivity of a bond's price to changes in interest rates, indicating the percentage change in price for a one percent change in yield.

Yield To Maturity

The total return anticipated on a bond if it is held until its maturity date.

Semiannually

A term indicating that an event or action occurs twice a year.