"On a Scale of 1 to 10, Where 1 Means

question 7

Multiple Choice

"On a scale of 1 to 10, where 1 means not interested at all and 10 means extremely interested, how interested are you in pursuing a career in academics?" This question is an example of a(n) :

• A) multi-informant question.
• B) closed-ended question.
• C) open-ended question.
• D) forced choice question.

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Definitions:

Investment

The allocation of resources (such as capital or time) with the expectation of receiving future returns.

Fair Value

The price that would be received for an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date.

Unrealized Profits

Profits that have occurred on paper due to an asset's increased value but have not yet been cashed in by selling the asset.

Realized Profits

Refers to the gains earned and received from the sale of assets or investments, distinguished from those merely existing on paper.