What Is the Unit of Exposure

question 9

Multiple Choice

What is the unit of exposure?

• A) Roentgen (R)
• B) Sievert (Sv)
• C) Gray (Gy)
• D) rad

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Definitions:

Par-Value

The face value of a bond or stock as stated by the issuer, which is typically the amount repaid at maturity for bonds.

Modified Duration

A formula used to determine the sensitivity of a bond's price to a 1% change in interest rates, indicating the percentage change in price for each percentage point change in yields.

Market Yield

The current annual income returned on an investment, measured as a percentage of the investment's market price.