Describe What Is Meant by Cloud Computing

question 48

Essay

Describe what is meant by cloud computing.

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Definitions:

Coupon Rate

The annual coupon divided by the face value of a bond.

Conversion Ratio

The number of shares per bond received for conversion into stock.

Conversion Price

The predetermined price at which convertible security can be converted into a common stock.

Annual Coupon

The annual coupon refers to the yearly interest payment made by bond issuers to bondholders, usually expressed as a fixed percentage of the bond's face value.