If a College Cuts the Cost of an Education by Using

question 99

Multiple Choice

If a college cuts the cost of an education by using mostly unskilled instructors and at the same time fails to adequately educate its students,it can be said to be doing the wrong things well.In other words,the college is ________.

• A)efficient and effective
• B)efficient but not effective
• C)effective but not efficient
• D)neither efficient nor effective

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Definitions:

Maturity Risk

Maturity risk pertains to the uncertainty and potential loss associated with holding a bond or other fixed-income investment until its maturity date.

Coupon

The percentage rate of interest a bond yields annually, based on its principal amount.

Current Yield

The annual return of an investment expressed as a percentage of its current price.

Rate of Return

The gain or loss on an investment over a specified period, proportionally expressed as a percentage of the investment's initial cost.