Evaluate the Expression $$( - 60 ) \div 5$$ A) $- 12$

question 36

Multiple Choice

Evaluate the expression.
- $$( - 60 ) \div 5$$

• A) \(- 12\)
• B) 12
• C) \(- \frac { 1 } { 12 }\)
• D) \(- 22\)

---

Definitions:

Default Risks

The likelihood that a borrower will fail to meet the obligations of paying back a loan or interest payments.

Conversion Ratios

A specific figure or ratio that determines how convertible securities, like convertible bonds, can be exchanged for other types of securities, typically the common stock of a company.

Maturities

The dates on which financial obligations or instruments are due to be paid back or expire.

Modified Duration

A measure that quantifies the sensitivity of the price of a bond or other debt instrument to changes in interest rates, indicating the percentage change in price for a parallel shift in yield curves.