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True or False: Apple Computer, Inc.collected information on the age of their customers.
Suppose the youngest customer was 12 and the oldest was 72.To study the distribution of the
age among its customers, it can use a percentage polygon.
Basis Points
A unit of measure used in finance to describe the percentage change in the value or rate of a financial instrument, where one basis point is equal to 1/100th of 1%.
Modified Duration
A measure of the sensitivity of a bond's price to changes in interest rates, adjusted to account for changes in yield.
Market Yield
Refers to the expected yield of a bond based on its current price in the market, which can fluctuate with changes in interest rates and market conditions.
Bond Price
The market value of a bond, which fluctuates based on interest rates, the bond's credit quality, and other factors.
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