Optical Scanners at Checkout Counters Reading Universal Product Codes (UPC)

question 6

True/False

Optical scanners at checkout counters reading universal product codes (UPC) that are printed on all packages reflect applications of bar-code technology.

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Definitions:

Long-Duration Bonds

Bonds with a longer time until maturity, typically more than 10 years, making them more sensitive to changes in interest rates.

Duration Rule

A principle that estimates the sensitivity of a bond's price to changes in interest rates, calculated as the weighted average time until a bond's cash flows are received.

Yield

The income return on an investment, such as the interest or dividends received, expressed annually as a percentage of the investment's cost.

Duration

A measure of the sensitivity of a bond's or fixed income portfolio's price to changes in interest rates, typically expressed in years.