An Agent Is Not Required to Keep Which of the Following

question 79

Multiple Choice

An agent is not required to keep which of the following information confidential?

• A) Customer lists.
• B) Business plans.
• C) Unique business methods.
• D) Information that his or her principal is engaged in criminal activity.

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Definitions:

Coupon Rate

The interest rate that a bond issuer will pay to a bondholder, typically expressed as an annual percentage of the bond's face value.

Duration

A measure of the sensitivity of the price of a bond or other debt instrument to a change in interest rates, usually expressed in years.

Perpetuity

A financial term for a constant stream of identical cash flows with no end.

Yield

The earnings from an investment, like dividends or interest, shown as a percentage of the investment's original cost or its current market valuation.