Both Dani and Veronica Are 24 Years Old

question 57

Multiple Choice

Both Dani and Veronica are 24 years old. Dani has her own apartment, has a full-time career, and is in a serious committed relationship. Veronica decided to continue with graduate school before getting a job and is currently living with her parents. She is not dating anyone at the moment. Why is Dani considered to have entered adulthood, while Veronica is still considered to be in the emerging adulthood stage?

• A) Dani is no longer in the adolescent stage of development, whereas Veronica is.
• B) Dani is in a relationship, whereas Veronica is not.
• C) Dani is no longer in school, whereas Veronica continues to be a student.
• D) Dani has adopted adult roles and lives independently, whereas Veronica is still dependent on her parents.

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Definitions:

Face Value

The nominal or dollar value stated on a security or financial instrument, such as a bond or stock, representing its worth at issuance or par value.

Interest Rate Risk

The risk of investment value changes due to variations in the level of interest rates.

Zero-Coupon

A bond that does not pay periodic interest and is issued at a substantial discount from its face value.

Coupon

The interest rate stated on a bond when issued, which represents the annual interest payment made to the bondholder.