S H R U T C O M V P

question 303

Multiple Choice

S H R U T C O M V P
Using the letter string above, delete every second letter. Replace any vowel with the letter "I" and add the letter "E" to the beginning of the string.
Which of the following words can be made with the remaining letters?

Definitions:

Convertible Bonds

Bonds that can be converted into a predetermined number of the issuing company's shares, usually at the discretion of the bondholder.

Diluted Earnings

Earnings per share (EPS) calculated using the maximum potential number of shares that could be outstanding if all sources of conversion, such as convertible bonds or employee stock options, are exercised.

Marginal Income Tax Rate

The percentage of tax applied to your income for each tax bracket in which you qualify, essentially the rate at which the last dollar of your income is taxed.

Weighted Average

A calculation that takes into account the varying degrees of importance of the numbers in a data set, giving more weight to some numbers than others.