Public Employee()

question 12

Essay

public Employee()
{
empSalary = 300.00;
}
​ The above code shows the Employee class constructor. What is a constructor and how would this default constructor operate?

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Definitions:

Face Value

The nominal or dollar value printed on a financial instrument, such as a bond or stock certificate.

Callable Bonds

Bonds that can be redeemed by the issuer before their maturity date at a specified call price.

Noncallable Bonds

Bonds that cannot be redeemed by the issuer before their maturity date.

Callable Bonds

Bonds that can be redeemed by the issuer prior to their maturity date, usually at a predetermined price.