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Intelligence Tests Can Help Teachers Group Children Who Function at Roughly

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Intelligence tests can help teachers group children who function at roughly the same level in such subject areas as math or reading so they can be taught the same concepts together.Is there a drawback to using the intelligence tests in this manner?


Definitions:

Striking Price

The predetermined price at which the holder of an option contract can buy (call) or sell (put) the underlying asset.

Callable Bonds

Callable bonds are bonds that can be redeemed by the issuer prior to their maturity date at a specified call price.

Convertible Bonds

Bonds that can be converted into a predetermined number of the issuing company's shares at certain times during its life, usually at the discretion of the bondholder.

Warrants

Financial derivatives that give the holder the right, but not the obligation, to buy or sell a security, usually equity, at a predetermined price before expiration.

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