Which of the Following Is Assumed to Be Lognormal When

question 16

Multiple Choice

Which of the following is assumed to be lognormal when a bond option is valued?

• A) A future bond price
• B) A future swap rate
• C) A future short-term rate
• D) A future bond yield

---

Definitions:

Personnel Selection

The process of evaluating and choosing the most suitable candidates for specific job roles within an organization.

Selection Decision

The process of choosing the most suitable candidate for a job position from a pool of applicants.

Civil Rights Act

Legislation in the United States aimed at ending discrimination based on race, color, religion, sex, or national origin, and promoting equality in the workforce and public spaces.

Americans with Disabilities Act

An American law enacted in 1990 that prohibits discrimination against people with disabilities in employment, transportation, public accommodation, communications, and governmental activities.