Match the Following Styles of Policing with the Behaviors Listed

question 43

Multiple Choice

Match the following styles of policing with the behaviors listed below.Answers may be used more than once.
-Often found in large metropolitan areas

• A)Legalistic
• B)Watchman
• C)Service

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Definitions:

Modified Duration

A measure of the sensitivity of a bond's price to a change in interest rates, adjusting for the fact that the bond's cash flows change as yields change.

Maturity

The specific day when the core sum of a financial product, like a bond or loan, must be paid back to the investor.

Semiannually

Occurring twice a year; every six months.

Zero-coupon Bond

A type of bond that does not pay interest during its life; it is sold at a discount from its face value and the return is realized when the bond matures.