Examlex

Solved

Which of the Following Contributors to the Gender Wage Gap

question 23

Multiple Choice

Which of the following contributors to the gender wage gap most directly explains increases in the wage gap over the trajectories of people's careers?


Definitions:

Duration

A measure of the sensitivity of a bond’s price to changes in interest rates, expressed as the weighted average time to receive the bond's cash flows.

Macaulay Duration

A measure of the weighted average time until a fixed income asset's cash flows are received, used to assess interest rate risk.

Yield

The earnings generated and realized on an investment over a particular period, expressed as a percentage of the investment’s cost, its current market value, or its face value.

Modified Duration

A measure of the sensitivity of a bond's price to changes in interest rates, adjusting for the bond's yield to maturity.

Related Questions