How Many Functions Does Excel Provide

question 41

Multiple Choice

How many functions does Excel provide?

• A)Over 40
• B)Over 400
• C)Over 4,000
• D)Unlimited

---

Definitions:

Retractable Bond

Bond that may be sold back to the issuer at a prespecified price before maturity.

Debenture

An unsecured loan certificate issued by a company, backed only by the general creditworthiness and reputation of the issuer.

Default Risk

The likelihood that a debtor may not fulfill their debt contract obligations.

Yield Maturity

The term generally refers to the date when a bond or other fixed-income security matures, at which point the issuer is obligated to pay the principal amount back to the bondholders.