You Place Five Pennies in a Row and Then Take

question 459

Multiple Choice

You place five pennies in a row and then take five more pennies and place them in a row directly below the other, so that the pennies in the two rows are paired. Your five-year-old son tells you that there are the same number of pennies in each row. You then spread out the pennies on the bottom row so that it looks longer. Your son now thinks that the bottom row has more pennies, showing that he lacks

• A)conservation.
• B)object permanence.
• C)assimilation.
• D)egocentrism.

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Definitions:

Basis Points

A unit of measure used in finance to describe the percentage change in the value or rate of a financial instrument, equal to 1/100th of a percent.

Corporate Bond

A debt security issued by a corporation to raise funds, promising to pay back the principal along with interest at a specified rate and schedule.

Yield To Maturity

The total return anticipated on a bond if it is held until its expiration date.

Par Value

The nominal face value of a bond or stock as stated by the issuer, often used to determine interest payments.