Examlex
The costs of manufacturing horizontal fixed- mount barcode scanners are as follows: The production has a 89% learning curve applied to labor required, and the time to complete the first unit was 37 direct labor hours. Determine the unit selling price based on the estimated time to complete the 100th unit, if the company wants a profit margin of 10% based on total manufacturing costs.
Immunization
A strategy in fixed-income portfolio management to shield the portfolio's value from interest rate movements.
Duration
A measure of the sensitivity of the price of a bond or other fixed-income investment to changes in interest rates, often used to assess risk.
Interest-Rate Change
A fluctuation in the cost of borrowing or the return on savings, which can significantly impact financial markets and economic conditions.
Term to Maturity
The duration of time until the final repayment date of a loan, bond, or other financial instrument.
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