A Company Has Collected Data That They Believe Will Help

question 178

Multiple Choice

A company has collected data that they believe will help them identify the characteristics of their top customers.After some analysis, it is discovered that they need data on the age and income of these customers.Therefore, the company needs data that has more ____________

• A)variety
• B)velocity
• C)customers
• D)veracity
• E)purchases

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Definitions:

Quoted Price

The last price at which a security or commodity was traded and is publicly available.

Par Value

The face value of a bond or stock as stated by the issuer, which has implications for interest calculations or dividends.

Yield to Maturity

Yield to Maturity (YTM) is the total return anticipated on a bond if the bond is held until it matures, considering all payments from now until maturity, including coupon payments and the difference between the purchase price and the par value.

Coupon Rate

The annual interest rate paid on a bond, expressed as a percentage of the face value, to the bondholders.