At the 1389 Battle of Kosovo

question 65

Multiple Choice

At the 1389 Battle of Kosovo,

• A) the Serbs defeated the Ottoman armies at Osman.
• B) Orkhan was able to defeat the Serbs and gain control of the Balkans.
• C) Murad's Janissaries defeated the Serbs, ending Serbian domination of the Balkans.
• D) the Serbian defeat created Ottoman hegemony over Abu Dhabi.
• E) the Serbs defeated the Bosnians at the Battle of Constance.

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Definitions:

Immunization

A strategy in fixed income investing that aims to make a portfolio's duration and interest rate risk match its liability obligations.

Duration Matching

An investment strategy where the durations of assets and liabilities are aligned to reduce the risk of changes in interest rates affecting the net worth.

Duration

A measure of the sensitivity of the price of a bond or other debt instrument to changes in interest rates, frequently used to assess interest rate risk.

Weighted-Average Time

A calculation that determines the mean time until cash flows are received, adjusted for the relative size of each cash flow, often used in bonds.