The Most Common N-Tier Architecture Involves ____ Tiers

question 75

Multiple Choice

The most common n-tier architecture involves ____ tiers.

• A)two
• B)three
• C)four
• D)five

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Definitions:

Yield to Maturity

The total return anticipated on a bond if the bond is held until it matures, incorporating both interest payments received and any gain or loss if the bond is bought at a discount or premium to its face value.

Zero-coupon Bond

A type of bond that does not pay interest during its life but is sold at a discount and matures at its face value.

Maturity

The date on which the principal amount of a loan, bond, or other financial instrument becomes due and payable.

Arbitrage

The practice of buying and selling equivalent assets in different markets to take advantage of a price difference.