A Forecast of Bond Returns Based Largely on a Prediction

question 54

Multiple Choice

A forecast of bond returns based largely on a prediction of the yield curve at the end of the investment horizon is called a ________.

• A) contingent immunization
• B) dedication strategy
• C) duration analysis
• D) horizon analysis

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Definitions:

Culture of Poverty

A concept in social theory that suggests that poverty is not a result of individual inadequacies but is instead the outcome of a larger social and cultural atmosphere that perpetuates and sustains poverty.

Immediate Gratification

The desire to experience pleasure or fulfillment without delay or deferment.

Permissive

A term often describing an attitude, behavior, or policy that allows or tolerates actions that were formerly disapproved of or restricted.

Absolute Poverty

A condition where individuals or families cannot meet basic needs for survival, such as food, shelter, and clothing.