A Proportion Must Be Between Zero and One and Can

question 31

True/False

A proportion must be between zero and one and can also be either zero or one.

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Definitions:

Duration

A measure of the sensitivity of the price of a bond or other debt instrument to changes in interest rates, typically expressed in years.

Par Value

The nominal or face value of a bond, stock, or other financial instrument, representing the value at which it will be redeemed at maturity or the value on which dividends or interest are calculated.

Coupon Rate

A bond's annual yield rate, represented as a percentage of its par value.

Duration

A measure of the sensitivity of the price of a bond or other debt instrument to a change in interest rates, often expressed in years.