A ____ Data Type Usually Provides a Variable-Length Field into Which

question 40

Multiple Choice

A ____ data type usually provides a variable-length field into which users can enter comments.

• A) text
• B) character
• C) memo
• D) string

---

Definitions:

Securities

Financial instruments that represent an ownership position in a publicly-traded corporation or a creditor relationship with a government or corporation.

Perpetuity

An annuity that pays a constant stream of cash flows indefinitely.

Duration

An indicator of how a bond or debt security's price is affected by interest rate fluctuations, usually stated in terms of years.

Yield

The income return on an investment, such as the interest or dividends received, expressed as a percentage of the investment's cost or current market value.