In Fixed-Width Files,each Record Is on a Separate Line and the Fields

question 66

True/False

In fixed-width files,each record is on a separate line and the fields are separated by a special character.

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Definitions:

Interest Rates

It denotes the cost, specified as a percentage of the principal, imposed on borrowers by lenders for the privilege of using their assets.

Coupon Rate

The annual interest rate paid on a bond, expressed as a percentage of the face value and paid from issue date until maturity.

Debentures

Long-term securities issued by a company that are not secured by physical assets or collateral but by the general credit of the issuer.

Specific Assets

Assets identified and designated for a particular purpose or project, often tied to securing a specific obligation.