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One Explanation for Own-Race Bias Is That When People Look

question 75

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One explanation for own-race bias is that when people look at faces of their own race, they focus on the features that distinguish the face from the other faces in the group; when they look at faces of people of other races, they focus on the features that distinguish that race from other races.This distinction between how people view their own group and how they view other races is most reminiscent of


Definitions:

Coupon Interest Rate

Yearly rate of interest on a bond, denoted as a percentage of its principal value.

Yield To Maturity

The total return anticipated on a bond if the bond is held until it matures, encompassing all interest payments and the repayment of principal.

Par Value

The face value of a bond, or the stock value stated in the corporate charter, often used as the basis for accounting of the bond or stock.

Annual Coupon

The annual coupon is the interest payment that a bond issuer makes to bondholders each year, expressed as a percentage of the bond's face value.

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