When You Derive a Class from an Existing Class, You

question 18

Multiple Choice

When you derive a class from an existing class, you

• A) can add new data, but cannot add new functions.
• B) can add new functions, but cannot add new data.
• C) can add both new data and new functions.
• D) must add both new data and new functions.
• E) None of the above

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Definitions:

Securities

Assets indicating equity in a publicly-traded company, a bond signifying indebtedness to a company or government, or options granting ownership rights.

Collateralized Debt Obligations

Collateralized debt obligations (CDOs) are complex financial instruments that pool together cash flow-generating assets and repackages this asset pool into discrete tranches that can be sold to investors.

Default Risk

The potential that a borrower will fail to meet the obligations of a loan or debt agreement.

Mortgages

Loans specifically designed for the purchase of real estate, secured by the property itself.