Use the Table for the Question(s)below

question 21

Multiple Choice

Use the table for the question(s) below.
Consider the following zero-coupon yields on default-free securities:
-The forward rate for year 2 (the forward rate quoted today for an investment that begins in one year and matures in two years) is closest to:

• A)5.80%.
• B)5.50%.
• C)5.20%.
• D)5.65%.

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Definitions:

Delayed or Partial Reinforcement

A principle in behavior psychology where a reward is not given every time a desired behavior is exhibited, making the response more resilient to extinction.

Continuous, Immediate Reinforcement

A method in behavioral psychology where a desired behavior is rewarded every time it occurs, without delay.

Positive Reinforcers

Stimuli that, when introduced after a behavior, increase the likelihood of that behavior occurring in the future.

Negative Reinforcers

In behavioral psychology, an unpleasant stimulus that, when removed after a behavior, increases the frequency of that behavior.