Tim Is Simultaneously Talking on His Cell Phone, Checking an Instant

question 22

Multiple Choice

Tim is simultaneously talking on his cell phone, checking an instant message, listening to a CD, and browsing the web. Consumer psychologists would say that he is engaged in ____. ​

• A)time shrinkage
• B)lateral cycling ​
• C)polychronic activity ​
• D)multilateral activity ​

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Definitions:

Coupon Bond

A debt security that pays the investor periodic interest payments called coupons and returns the principal at the end of the maturity.

Par Value

Par Value is the face value of a bond or stock as stated by the issuer, which might not reflect its market value.

Yield To Maturity

The total return expected on a bond if held till its maturity date, including both interest payments and capital gains or losses.