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A(n)________ Is an Assembly of Forms,reports,queries,and Application Programs That Process

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A(n) ________ is an assembly of forms,reports,queries,and application programs that process a database.


Definitions:

Modified Duration

A measure that estimates the price sensitivity of a bond to a one percent change in interest rates, adjusting for the changing yield to maturity.

Yield To Maturity

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

Duration

A measure of the sensitivity of the price of a bond or other fixed-income investment to changes in interest rates, typically expressed in years.

Basis Points

Basis Points are a unit of measure used in finance to describe the percentage change in the value or rate of a financial instrument, with one basis point being 1/100th of 1%.

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