The Word Shot Means Different Things When We Are Thinking

question 84

Multiple Choice

The word shot means different things when we are thinking of marksmanship, bartending, medicine, photography, or golf, which illustrates that words get much of their meaning from

• A)context.
• B)grammar.
• C)prototypes.
• D)phonology.

---

Definitions:

Coupon Rates

The annual interest rate paid by bond issuers to the bondholders, usually fixed throughout the life of the bond.

Price Volatility

A statistical measure of the dispersion of returns for a given security or market index, indicating how much and how quickly the value of an asset changes.

Convexity

A measure of the curvature in the relationship between bond prices and bond yields, indicating how the duration of a bond changes as the interest rate changes.

Zero-Coupon Bonds

Debt securities that are issued at a discount and redeemed at face value but do not pay interest during their lifetime.