A Smart Card Is a Device, the Size of a Credit

question 66

Multiple Choice

A smart card is a device, the size of a credit card that contains embedded technology that stores information and small amounts of software, and can act as __________________.

• A)Identification instruments
• B)A form of digital cash
• C)A data storage device
• D)All of these

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Definitions:

Coupon Rate

The interest rate promised to be paid by the issuer of a bond to the bondholder on the face value of the bond.

Component Weight

This refers to the proportional value of each component within a portfolio or mixture, often used in finance to denote the percentage of each asset in a total investment portfolio.

Market Values

The current price at which an asset or service can be bought or sold in an open and competitive marketplace.

Yield To Investors

The total return anticipated on an investment, expressed as an annual percentage, accounting for all income and capital gains.