An Exaptation Is a Trait

question 26

Multiple Choice

An exaptation is a trait

• A) originally selected for one function but later co-opted for a different function.
• B) of seemingly little importance.
• C) that is beneficial in one environment and deleterious in other environments.
• D) that was shaped by natural selection to serve the same primary function that makes it beneficial today.

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Definitions:

Bond Premium

The amount by which the market price of a bond exceeds its principal amount or face value, typically as a result of changes in interest rates.

Interest Expense

The expenses an entity faces for borrowing funds, encompassing payments for loans, bonds, or credit lines.

Effective Rate

Refers to the real rate of interest earned or paid on an investment, loan, or other financial product, adjusted for the effect of compounding over a given period.

Return Required

The minimum expected rate of return on an investment necessary for an investor to consider it worthwhile.