Winston Is Looking for a Job, and He Notices a Man

question 135

Multiple Choice

Winston is looking for a job, and he notices a man in the coffee shop wearing a tie and white shirt, working on his computer, while also flipping through the ads in the paper.Based on your text's discussion of how current goals can affect accessibility, how is Winston most likely to interpret the man's behavior?

• A) The man must be waiting on a client.
• B) The man must be depressed.
• C) The man must be looking for a job, too.
• D) The man must be angry and tired.

---

Definitions:

Duration-based Immunization

A strategy used in portfolio management to minimize the risk of interest rate fluctuations by matching the duration of assets and liabilities.

Rebalanced

The process of realigning the weightings of a portfolio of assets to maintain an original or desired level of asset allocation or risk.

Modified Duration

A measure of the price sensitivity of a bond or other debt instrument to an interest rate change, factoring in the changing cash flow timings.

Price-volatile

Characteristic of a financial instrument whose price can undergo significant fluctuations in a short period.