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A researcher wants to know how sibling relations change during adolescence. She administers questionnaires to groups of 13-, 14-, 15-, and 16-year-olds, and checks on the differences of the average scores of the five groups. What time variable design has she just used?
Convexity
A measure of the curvature in the relationship between bond prices and yield, indicating how the duration of a bond changes as interest rates change.
Duration Predictions
Predictions about the length of time it will take for the price of a bond to be repaid by its internal cash flows.
Yield Falls
A situation where the yields on bonds decrease, which typically occurs when bond prices increase.
Convexity
A measure of the curvature or the degree of the curve in the relationship between bond prices and bond yields.
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