Modified Duration Is Defined as Duration Multiplied by 1 Plus

question 84

True/False

Modified duration is defined as duration multiplied by 1 plus the interest rate.

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Definitions:

Affiliation Motive

An innate drive to associate with others, create social bonds, and maintain relationships.

Premature Low-Birth-Weight

A condition referring to infants born prematurely with a weight significantly lower than the norm for their gestational age.

Minimally Touched

A description of something that has been handled or affected as little as possible.

Cannon-Bard Theory

A psychological theory proposing that emotional experiences result from the simultaneous activation of the physiological responses and the subjective experience of emotion.