Problems - Correcting Logic and Code Errors

question 11

Essay

Problems - Correcting Logic and Code Errors
The following sample of code contains errors. Rewrite the incorrect statements to correct all errors.
Private Sub btnDisplay_Click(ByVal sender As Object, ByVal e As System.EventArgs) Handles btnDisplay.Click
' displays a pay rate based on an employee's code
' Full Time employee pay rate is 11.50. Part Time
' employee pay rate for those working more than 30 hours
' is 10.50, otherwise it is 9.50
Dim strEmpCode As String
Dim decPayRate As Integer
strCode = txtEmpCode.Text.Snip
' validate the employee code
If strEmpCode = "FT##" Then
decPayRate = 11.50
ElseIf strEmpCode Like "PT30##" Then
decPayRate = 9.50
Else
decPayRate = 10.50
End If
' display pay rate
lblPayRate.Text = decPayRate.ToString("N2")
End Sub

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Definitions:

Yield To Maturity

The total return anticipated on a bond if the bond is held until its maturity date, including all interest payments and the repayment of principal.

Capital Gain Yield

The price appreciation component of a stock's total return, excluding dividends, expressed as a percentage of the initial price of the stock.

Par Value

The face value of a bond or stock, as specified by the issuing company, which does not necessarily reflect its market value.

Coupon Rate

The yearly rate of interest that is paid on a bond, represented as a percentage of the bond's nominal value.