Choose the Word or Phrase in [ ] Which Will

question 28

Short Answer

Choose the word or phrase in [ ] which will correctly complete the statement. Select A for the first item, B for the second item, and C if neither item will correctly complete the statement.
-The most expensive method for banks to interact with their customers is [in person | by ATM ].

---

Definitions:

Market Yield

The annual income return on an investment, expressed as a percentage of the market price.

Face Value

The nominal value printed on a security or financial instrument, such as a bond or stock, at issue.

Convertible Bond

A type of corporate bond that can be converted into a predetermined number of the company's equity shares at certain times during its life, usually at the discretion of the bondholder.

Conversion Premium

The additional cost over the current price that one pays to convert a convertible security into stock.