Provide an Appropriate Response

question 146

Essay

Provide an appropriate response.
-Discuss the differences, both in applications and in the formulas, for combinations and permutations. Give an example of each.

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Definitions:

Quoted Price

The publicly stated cost or value of a stock, commodity, or financial instrument.

Coupon Rate

The yearly rate of interest that the entity issuing a bond pays to its investors, represented as a proportion of the bond's nominal value.

Yield

Yield is the income returned on an investment, such as the interest or dividends received, expressed as a percentage of the investment's cost.

Price

The financial sum anticipated, obliged, or handed over in exchange for an item.