Name Three Elements That May Be Collected as Socioeconomic Data

question 17

Essay

Name three elements that may be collected as socioeconomic data and explain why this type of data is important.

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Definitions:

Interest Rate Sensitive

Refers to investments or financial instruments that are significantly impacted by changes in interest rates.

Yield To Maturity

The total return anticipated on a bond if held until it matures, factoring in current market price, par value, coupon interest rate, and time to maturity.

Semi-Annual

Occurring twice a year; pertaining to a period of six months.

Coupon Bond

A debt security that pays the holder a fixed interest rate, known as the coupon, usually annually or semi-annually, until its maturity date.