From a User Perspective,the Data ____________________ Determines the Way That

question 105

Short Answer

From a user perspective,the data ____________________ determines the way that data can be manipulated.

---

Definitions:

Zero-Coupon Bond

A debt security that does not pay interest but is traded at a deep discount, providing profit at maturity when it is redeemed for its face value.

Duration

A measure of the sensitivity of the price of a bond or other debt instrument to changes in interest rates, representing the weighted average time to receive the bond's cash flows.

Coupon

A voucher entitling the holder to a discount for a particular product or service.

Zero-Coupon Bond

A bond that is issued at a discount and repaid at face value at maturity, without periodic interest payments.