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Case EX 11-2 Sharon Has a Large Collection of Books

question 176

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Case EX 11-2 Sharon has a large collection of books at her home and she has catalogued them and stored that information in a worksheet titled Books in a workbook that also contains other worksheets. Sharon wants to make sure that whenever she enters the information for a new book in her worksheet, it is entered in the correct format and as accurately as possible. She needs to use the ____ feature.


Definitions:

Forward Rates

The interest rates implied by current zero-coupon bond prices for periods in the future.

Future Short Interest Rate

An estimation or prediction of the interest rates at a future point in time, often used in the valuation of interest rate derivatives.

Stripped Treasuries

Stripped Treasuries are US Treasury securities whose principal and interest payments have been separated to create two new securities, allowing investors to hold and trade the components separately.

Coupon Paying Treasuries

U.S. Treasury securities that offer periodic interest payments until maturity, at which point the face value is repaid to the holder.

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