What Is a Variable and How Is It Used in a Program

question 21

Essay

What is a variable and how is it used in a program?

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Definitions:

Bond Prices

The amount of money for which a bond is sold, which can fluctuate based on interest rates, credit quality, and other factors.

Face Value

The nominal value printed on a coin, banknote, security, or bond, not necessarily its current market value.

Par Value

The face value of a bond or stock as stated by the issuing company, unrelated to its market value.

Market Value

The market price at which an asset or service is currently available for trading.