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Provide an appropriate response.
-Given that we know the Fundamental Theorem of Calculus, why would we want to develop numerical methods for definite integrals?
i) Antiderivatives are not always expressible in closed form.
ii) Numerical methods are a good excuse to use our graphics
calculator.
iii) The function f(x) may not be continuous on [a,b]
Semiannually
Refers to an event or action that occurs twice a year, typically every six months.
Yield Curve
A graph that shows the relationship between interest rates and bonds of different maturities, usually interpreted as an indicator of future economic conditions.
Bond Portfolio Manager
An individual or team responsible for making investment decisions about a portfolio of bonds in order to achieve specified investment objectives.
Surrounding Maturity
This term appears to be less commonly used or specific; however, in context, it could refer to factors or conditions existing or occurring around the time a financial instrument reaches its maturity.
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