_____ Software,which Is Extensively Used in Architecture and Engineering Firms,is

question 90

Short Answer

_____ software,which is extensively used in architecture and engineering firms,is used for drafting and design and has replaced traditional tools,such as T-squares,triangles,paper,and pencils.

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Definitions:

Maturity

Specified date at which the principal amount of a bond is paid.

Payoff Profile

A plot showing the gains and losses that will occur on a contract as the result of unexpected price changes.

Forward Contract

A customized contract between two parties to buy or sell an asset at a specified price on a future date.

Option Contract

An option contract is a financial derivative that confers the right, but not the obligation, to buy or sell an asset at a set price on or before a certain date.