______ Is the Degree to Which a Person Is Able

question 89

Short Answer

______ is the degree to which a person is able to get along with others by being good-natured, cooperative, forgiving, understanding, and trusting.

---

Definitions:

Duration

A financial metric that estimates the weighted average time it takes for an investor to be repaid the bond's cash flows, serving as a measure of interest rate sensitivity.

Promised Yield

The return that a bond issuer agrees to pay to the bondholder until maturity, expressed as an annual percentage.

Coupon Rate

The annual interest rate paid by a bond issuer to the bondholder, usually expressed as a percentage of the bond's face value.

Duration

A measure of the sensitivity of the price (the value of principal) of a fixed-income investment to a change in interest rates, often expressed in years.