It Is Not Unreasonable to Assume That in Ancient Times

question 327

Multiple Choice

It is not unreasonable to assume that in ancient times, signs of mental illness were believed to be caused by __________.

• A) an imbalance of body fluids
• B) demons
• C) improper diet
• D) social forces

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Definitions:

Duration

An indicator reflecting how the price of bonds or similar debt securities reacts to fluctuations in interest rates, usually stated in terms of years.

Coupon Rate

The annual interest rate paid by a bond, expressed as a percentage of the bond's face value, determining the periodic interest payments to bondholders.

Par-Value

The nominal or face value of a bond or stock, as stated by the issuer.

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.