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The Discovery and Correction of Errors Is Important in a Computerized

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Essay

The discovery and correction of errors is important in a computerized system.What kinds of errors might occur in these systems? What type
(s)of errors will be prevented in a computerized system?


Definitions:

Risk-Free Rate

The theoretical return on an investment with zero risk, often represented by the yield on government securities.

Strike Price

The specified price at which an option contract can be exercised.

Strike Price

The price at which the holder of an option can buy (call option) or sell (put option) the underlying security or commodity.

Option Contract

A financial contract granting the buyer the right, but not the obligation, to buy or sell an asset at a set price on or before a certain date.

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