The Price Value of a Basis Point (PVBP) of a Security

question 62

True/False

The price value of a basis point (PVBP) of a security is the change in its price when the yield on it changes by one basis point, which is a change of one unit in its second decimal place.

Understand the role of racialization in law enforcement practices.

Differentiate between various forms of crime such as white-collar crime, street crime, and conflict crimes.

Explain the social learning theory in the context of deviance and crime.

Analyze the impact of demographic changes on crime rates.

---

Definitions:

Return on Equity

A financial ratio indicating the profitability of a company relative to its shareholders' equity, calculated as net income divided by shareholders' equity.

Weighted Average Cost of Capital (WACC)

A calculation of a firm's cost of capital in which each category of capital (debt, equity, etc.) is proportionately weighted, representing the average rate that a company is expected to pay for all its financing sources.

Market Price

The immediate valuation at which one can transact assets or services in the market sector.

Coupon Rate

The yearly rate of interest that a bond issuer pays to the bondholders, shown as a percentage of the bond's nominal value.