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_______________ Technology Is a Form of Input Technology Commonly Used

question 102

Short Answer

_______________ technology is a form of input technology commonly used by banks on their ATM cards.


Definitions:

Time To Maturity

The remaining life of a debt instrument, at the end of which the principal is usually repaid.

Coupon Rate

The annual interest rate paid by a bond relative to its face value, expressed as a percentage.

Put Provision

An option clause in a bond or preferred stock allowing the holder to sell back the security to the issuer at a predetermined price before maturity.

Bond Indenture

A legal contract between bond issuers and bondholders, specifying the terms of the bond, including its maturity date, coupon rate, and other conditions.

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