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What Is the Duration of a Five-Year Zero-Coupon Bond

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What is the duration of a five-year zero-coupon bond?


Definitions:

Positive Discipline Program

A system of managing employee behavior that focuses on encouraging constructive behavior and using non-punitive methods to address performance issues.

Misconduct

Inappropriate or wrongful behavior by an individual, often violating organizational policies or norms and leading to disciplinary action.

Positive Discipline

A management approach focusing on encouraging positive behavior in employees rather than punishing negative behavior.

Decision-making Leave

Time allocated to employees to consider significant job-related choices or to participate in key organizational decision processes.

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