List and Explain Some of the Important Characteristics of Secondary

question 53

Essay

List and explain some of the important characteristics of secondary storage.

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Definitions:

Coupon Rates

The interest rate on a bond, determining the periodic interest payment to the bondholder.

Market Rates

are the prevailing interest rates or prices for services, securities, or commodities in the open market.

Premium

The amount paid for an insurance policy or the amount by which a bond or stock sells above its face value.

Par

Par value, often referred to simply as "par," is the face value of a bond or the stock value stated in the corporate charter, not necessarily its market value.