Identify the Main Factors That Determine Race in the Dominican

question 1

Essay

Identify the main factors that determine race in the Dominican Republic.

---

Definitions:

Forward Rate

The agreed-upon price for a financial transaction that will occur at a future date, commonly used in foreign exchange and fixed income markets.

Pure Yield Curve

The relationship between yield to maturity and time to maturity for zero-coupon bonds.

Zero-coupon Treasuries

U.S. Treasury securities that are sold at a discount from their face value and do not pay interest before maturity; investors receive the face value at maturity.

Stripped Treasuries

U.S. Treasury securities that have separated their interest and principal payments into two distinct securities, allowing investors to receive either a lump sum at maturity or periodic interest payments.