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When Implementing the __Init__ Method in the AbstractBag Class, What

question 48

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When implementing the __init__ method in the AbstractBag class, what task should you leave out because it is the responsibility of the subclasses?


Definitions:

Par Value Bond

A bond that is selling for its original face value, as opposed to above (a premium) or below (a discount).

Modified Duration

A measure of the sensitivity of a bond's price to changes in interest rates, indicating the price change in percentage terms for a yield move of one percent.

Macaulay Duration

A measure of the weighted average time until a bond's cash flows are paid back, used to assess interest rate risk.

Yield To Maturity

The total return anticipated on a bond if held until it matures.

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