Disruptive Technology Is a New Way of Doing Things That

question 14

True/False

Disruptive technology is a new way of doing things that initially does meet the needs of existing customers.

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Definitions:

Conversion Value

The financial worth of converting a convertible security, like a bond, into a set number of shares of the issuing company.

U.S. Treasury Note

A marketable U.S. government debt security with a fixed interest rate and a maturity between one and ten years.

Accrued Interest

The interest that has accumulated on a bond or other fixed-income security since the last interest payment was made.

Settlement

The process of exchanging payment for financial transactions, including securities, at their completion.