Subtract the Polynomials and Simplify $\left( - 7 m ^ { 3 } - 6 m - 6 \right)$

question 62

Multiple Choice

Subtract the polynomials and simplify.
-Subtract $\left( - 7 m ^ { 3 } - 6 m - 6 \right)$ from $\left( - 5 m ^ { 3 } - 4 m - 8 \right)$ .

• A) \(- 2 m ^ { 3 } - 2 m + 2\)
• B) \(- 5 m ^ { 3 } + 7 m ^ { 2 } + 2 m - 2\)
• C) \(2 m ^ { 3 } + 2 m - 2\)
• D) \(2 m ^ { 3 } - 10 m - 14\)

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Definitions:

Par Value Bond

A bond that is selling for its original face value, as opposed to above (a premium) or below (a discount).

Modified Duration

A measure of the sensitivity of a bond's price to changes in interest rates, indicating the price change in percentage terms for a yield move of one percent.

Macaulay Duration

A measure of the weighted average time until a bond's cash flows are paid back, used to assess interest rate risk.