Distinguish Between

question 6

Essay

Distinguish between:
(a) Convertible and callable bonds.
(b) Serial and term bonds.

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Definitions:

Scalability

The capability of a system, network, or process to handle a growing amount of work or its potential to be enlarged to accommodate that growth.

Computational Capacity

The total amount of processing power and data storage capability that a computer system or network can handle.

Utility Computing

A model in computing where processing power, storage, and infrastructure are provided as a metered service similar to a utility bill.

Pay-as-you-go

A pricing model where customers only pay for the resources or services they use, avoiding upfront costs and allowing for flexible budget management.