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A Type Whose Variables Are Objects Is Known as a ___________

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A type whose variables are objects is known as a ___________.


Definitions:

Interest Rate Risk

The risk that the value of an investment will decrease due to a change in interest rates.

Average Duration

The weighted average time it takes for an investor to receive all cash flows from a bond or a portfolio of bonds, factoring in the present value of those cash flows.

Perpetuity

A type of annuity that lasts forever, providing payments that continue indefinitely.

Yield

The income return on an investment, expressed as a percentage of the investment’s cost or current market value.

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