Serial Access Time Depends on the Current Position of the Read/write

question 45

True/False

Serial access time depends on the current position of the read/write mechanism and the position of the target data item in the storage medium.

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Definitions:

Coupon Bonds

Debt securities that pay periodic interest payments based on a fixed interest rate (coupon) until maturity, at which point the principal is repaid.

Yield To Maturity

The total return anticipated on a bond if it is held until its maturity date.

Market Price

The market's ongoing price for the transaction of assets or services.

Basis Point

A unit of measure used in finance to describe the percentage change in value or rate of a financial instrument, equal to 1/100th of 1%.