Which of the Following Refers to the Term "Mortality Rate

question 37

Multiple Choice

Which of the following refers to the term "mortality rate"?

• A)The success rate of new investments.
• B)A one-period rate of interest expected on a bond issued at some date in the future.
• C)The probability that a borrower will default in any given year.
• D)Historic default rate experience of a bond or loan.
• E)The probability that a borrower will default over a specified multi-year period.

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Definitions:

Manifest Function

The explicit, intended goals or consequences of social processes or institutions.

Latent Function

refers to the unintended or unrecognized positive consequences of a social process or structure.

Primary Function

The main or most important purpose or operation of an object, system, or organization.

Dysfunction

An element or process of a society that may disrupt the social system or reduce its stability.