Mike and Andre Are Discussing How Quickly Technology Changes

question 20

Multiple Choice

Mike and Andre are discussing how quickly technology changes. They are discussing how it seems devices are merging to create new products especially in the technology field. They understand this is a process called convergence.
-An example of an old form of convergence is a ____.

• A) clock radio
• B) cell phone
• C) television
• D) microwave oven

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Definitions:

Treasury Bond

A long-term government bond issued by the U.S. Treasury with a maturity period typically ranging from 20 to 30 years.

Face Value

The nominal or original value written on a financial instrument, such as a bond or stock certificate, not necessarily reflecting its market value.

Semi-Annual Coupon Bonds

Bonds that pay interest to holders twice a year, typically known for providing a steady income stream to investors.

Yield To Maturity

The total return expected on a bond if held until its maturity date, expressed as an annual rate.