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Security Prices Are Sometimes Listed in Fractions

question 73

True/False

Security prices are sometimes listed in fractions. For example, a debt security with a price of 22¾ is the same as $22.25.


Definitions:

Emotional Impact

describes the significant affective response or effect that an event, experience, or piece of information has on an individual's mood, feelings, or emotional state.

Tip-Of-The-Tongue Phenomenon

A psychological phenomenon where a person cannot recall a familiar word or name, feeling that retrieval is imminent.

Encoding Failure

Failure to process information into memory.

Acoustic Storage

The component of the memory system specific for retaining auditory information, often associated with the concept of the phonological loop.

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