Which of the Following Pairs of Products Are Complementary to Each

question 14

Multiple Choice

Which of the following pairs of products are complementary to each other?

• A)computer and software
• B)tea and coffee
• C)petroleum and natural gas
• D)gold and silver

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Definitions:

Clean Price

The price of a bond excluding any interest that has accrued since issue or during the last coupon payment.

Dirty Price

The price of a bond that includes accrued interest, in contrast to the clean price which excludes it.

Accrued Interest

Interest that has accumulated over a period but has not yet been paid or received.

Protective Covenant

Clauses in a bond or loan agreement that limit certain actions of the issuer to protect creditors' interests.