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What Is the Output of the Following Code

question 32

Multiple Choice

What is the output of the following code? What is the output of the following code?   A)  12, 12 B)  12, 81 C)  81, 12 D)  81, 81


Definitions:

Contract Interest Rate

The pre-determined rate at which interest is calculated on a loan or financial agreement.

Face Value

The original cost of a bond or stock, as indicated on the certificate; it is also known as the nominal or par value.

Above Face Value

A situation where a financial instrument, such as a bond, is traded for more than its original issue price.

Issued Bonds

Debt securities that a company or government has sold to investors to raise capital.

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