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Yury Is a Senior-Level Manager for a Large Global Conglomerate

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Yury is a senior-level manager for a large global conglomerate. He wants to learn more about the GLOBE leadership matrix. Which leadership style would you discourage him from using, regardless of cultural setting?


Definitions:

Duration

Measures the sensitivity of a bond's price to changes in interest rates, calculated as a weighted average of the times until the bond's cash flows are received.

Yield To Maturity

The total return anticipated on a bond if the bond is held until its maturity date, including all interest payments and the repayment of principal.

Coupon Rate

The interest rate that a bond issuer will pay to a bondholder, typically expressed as an annual percentage of the bond's face value.

Duration

A measure of the sensitivity of the price of a bond or other debt instrument to a change in interest rates, usually expressed in years.

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