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In a hearing test, subjects estimate the loudness (in decibels) of sound, and the results are:
68, 67, 70, 71, 68, 75, 68, 62, 80, 73, 68
-What is the median?
Market Price
The price at which a product or service is traded in the competitive marketplace.
Put Provision
A clause found in certain securities that allows the holder to force the issuer to repurchase the security at specified prices before maturity.
Fixed Rate Bond
A bond that pays a predetermined interest rate to investors for the entire term of the bond.
Fallen Angel
Originally investment-grade bonds that have been downgraded to junk bond status due to the issuer's weakened financial condition.
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