The "Modified Duration" Used by Practitioners Is Equal to ______

question 52

Multiple Choice

The "modified duration" used by practitioners is equal to ______ divided by (one plus the bond's yield to maturity) .

• A)current yield
• B)the Macaulay duration
• C)yield to call
• D)yield to maturity

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Definitions:

Rewards

Positive reinforcements that encourage certain behaviors by providing a desirable outcome or benefit when those behaviors are performed.

Shaping

A method used in behavioral psychology to gradually teach a new behavior through reinforcement of successive approximations to the desired behavior.

Emotional Disturbance

A condition characterized by significant difficulties in emotional regulation, leading to problems in social, educational, or occupational functioning.

Communicate

The process of sharing or exchanging information, feelings, or ideas through speech, writing, gestures, or other means.