A Major Use of Internet Chat Rooms for Many Teens

question 74

Multiple Choice

A major use of Internet chat rooms for many teens is

• A)to develop a new identity.
• B)to try out new identities.
• C)to escape from their real identity.
• D)to find a person who will accept their identity.

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Definitions:

Convertible Bonds

Convertible Bonds are a type of corporate bond that holders can convert into a predetermined number of shares of the issuing company's common stock.

Common Stock

A type of equity security that represents ownership in a corporation, with voting rights and potential dividends.

Face Value

The nominal or dollar value printed on a bond, bill, or other financial instrument, indicating its worth at maturity.

Premium

Fee for insurance coverage, usually paid every year by the insured person. The difference between a bond’s par value and its market value when the market value is more. When bonds are sold at a premium, the yield rate will be lower than the stated (face) rate.