What Is Defined as the Sum of the Products of the Time

question 94

Multiple Choice

What is defined as the sum of the products of the time when principal payments are received and the amount of principal received all divided by total principal outstanding?

• A)Weighted-average life.
• B)Burn-out factor.
• C)Degree of collateralization.
• D)Option-adjusted spread.
• E)Time to maturity.

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Definitions:

Extends

A keyword in Java and other programming languages used to inherit properties and methods from one class to another.

Implements

A keyword in many programming languages used to specify that a class is going to use the interface(s) declared methods.

CompareTo

A method typically defined in an object to compare itself with another object of the same type, often used for sorting.

Calling Object

The object on which a method is invoked. In object-oriented programming, methods are called on objects to perform actions or access values.