The Weighted Average of the Squares of the Times to the Receipt

question 6

Multiple Choice

The weighted average of the squares of the times to the receipt of cash flows where the weights are the present values of the corresponding elements of the cash flow plus the weighted average of the times to receipt of the cash flows. This is known as the:

• A) duration.
• B) convexity.
• C) DGAP.
• D) modified duration.

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Definitions:

Broad Absorption

A phenomenon where a material or molecule absorbs a wide range of wavelengths or frequencies.

IR

Short for Infrared Spectroscopy, a technique used to identify and study chemicals by analyzing the infrared light absorbed by molecules.

Carbonyl

A functional group characterized by a carbon atom double-bonded to an oxygen atom (C=O), central to many organic reactions and compounds.

Infrared Radiation

A form of electromagnetic radiation with longer wavelengths than visible light, used in heating and imaging technologies.