Which Statement Is True After the Execution of the Following

question 29

Multiple Choice

Which statement is true after the execution of the following statements?
Set x = y
Set y = x

• A)x and y contain their original values
• B)x and y swapped their values
• C)x contains the value in y and y stayed the same
• D)y contains the value in x and x stayed the same
• E)None of the above

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Definitions:

Ask Price

The lowest price a seller is willing to accept for an asset in the financial markets; it contrasts with the bid price, which is the highest price a buyer is willing to pay.

Coupon Bond

A type of bond that provides periodic interest payments to its holder, based on a fixed interest rate (coupon rate) until its maturity, at which point the principal amount is repaid.

Accrued Interest

The interest that has accumulated on a bond since the last interest payment was made, which the buyer of the bond must pay to the seller if the bond is bought between interest payment dates.

Zero-Coupon Bond

A zero-coupon bond is a debt security that doesn't pay periodic interest but is sold at a deep discount, providing profit at maturity when the bond is redeemed for its full face value.