Jim,a Programing Expert at CL Corp

question 8

Multiple Choice

Jim,a programing expert at CL Corp. ,creates a new software program.However,before he could reveal his program,he receives an attractive employment offer from a rival company.Jim resigns from CL Corp.and accepts the rival company's offer,and he mentions about the new software to them.In this scenario,Jim is:

• A) engaging in a conflict of interest
• B) revealing a trade secret
• C) competing fairly in the open market
• D) violating employee privacy

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Definitions:

Interest-Rate Sensitivity

A measure of how much the value of an investment or a portfolio will change in response to a change in interest rates.

Bond Prices

The cost at which a bond is trading, which can fluctuate based on interest rates, the bond's credit quality, and other factors.

Coupon Rate

The per annum interest rate of a bond, depicted as a percentage of its principal amount.

Zero-Coupon Bond

A financial instrument that pays no regular interest, sold at a significant discount and redeemed for its full face value at maturity.