Although Reactions of Participants and Managers Are the Easiest Training

question 76

Short Answer

Although reactions of participants and managers are the easiest training evaluations to gather, they are the least_________.

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Definitions:

Yield to Maturity

The total return expected on a bond if it is held until the date it matures.

Maturity Risk Premium

The additional yield that investors demand to compensate for the risk of holding a longer-term debt instrument, over and above the risk of short-term instruments.

Default Risk

The risk that a borrower will not make the required payments on their debt obligations, leading to a default.

Semiannual Coupon

Interest payments made to bond investors every six months as part of the bond's fixed-income return.