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Define and Give Examples of the Five Product Characteristics That

question 101

Essay

Define and give examples of the five product characteristics that influence the diffusion of innovation.


Definitions:

Held-To-Maturity Securities

Financial assets purchased with the intention and ability to hold them until a specific maturity date.

Trading Securities

Financial instruments bought and held primarily for selling them in the near term with the aim of generating profit on short-term price differences.

Present Value

The current value of a future amount of money or stream of cash flows given a specified rate of return, used to assess the worth of future cash flows today.

Future Value

The estimated value of a current asset or an amount of money at a specified date in the future, based on an assumed rate of growth or interest.

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