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________ Is the Process by Which Diversification Causes Two or More

question 43

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________ is the process by which diversification causes two or more interdependent businesses to adapt not only to their environment, but to each other.


Definitions:

Zero-Coupon Bonds

Bonds issued at a discount to their face value, paying no periodic interest but redeemed at par value at maturity.

Par Value

The face value of a bond or stock, as stated by the issuing company.

Life Insurers

Companies that provide policies to individuals that pay beneficiaries upon the policyholder’s death, or provide coverage for other life-related risks.

Pension Funds

Investment pools that collect and invest funds contributed by employers and employees for retirement benefits.

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