A Wide Area Network (WAN)spans a Large Geographic Area Such

question 55

True/False

A wide area network (WAN)spans a large geographic area such as a state, province, or country.

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Definitions:

Premium Bond

A bond sold at a price higher than its face value, typically because it offers interest rates higher than the current market rates.

Discount Bond

A bond sold for less than its face value, where the difference between the purchase price and the face value represents the investor's return.

Registered Form

A security that is registered in the issuing corporation's books in the name of the owner, requiring transfer through formal procedures.