In Her Job as a Research Analyst for a Stock

question 96

Multiple Choice

In her job as a research analyst for a stock brokerage, Caroline spends a lot of time at her computer. Today her boss told her, "Find out everything you can about the textile industry in the Philippines," and she immediately sat down and typed a few words into a search engine. Soon she had a dossier on the subject, gleaned from her research on the Internet. The information Caroline acquired in this way is an example of ________ knowledge.

• A) tacit
• B) explicit
• C) intuitive
• D) heuristic
• E) distinctive

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Definitions:

Yield-To-Maturity

The total return anticipated on a bond if it is held until the maturity date.

Bond Principle

The face value of a bond, which is the amount to be repaid by the issuer to the bondholder at maturity.

Bankruptcy

A legal process wherein individuals or entities declare their inability to pay back their debts.

Sinking Fund

A fund established by a borrower, setting aside revenue over time to repay a debt or replace a depreciating asset in the future.