Which of the Following Changes or Innovations Depends on Computer

question 63

Multiple Choice

Which of the following changes or innovations depends on computer technology?

• A) banker's acceptances
• B) ATMs
• C) SWEEP accounts
• D) all of the above

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Definitions:

Issue Price

It refers to the price at which a new security, such as a bond or stock, is offered to the public for sale.

Present Value

The present value of a future amount of money or succession of cash flows, assuming a certain rate of return.

Bond Interest Expense

The cost incurred from borrowing funds through the issuance of bonds, represented as interest payments to bondholders.

Interest Date

The specific date on which interest payments are due to be paid to lenders or bondholders.