Duration Is the Weighted-Average Present Value of the Cash Flows

question 52

True/False

Duration is the weighted-average present value of the cash flows using the timing of the cash flows as weights.

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Definitions:

Above-Threshold

Pertaining to a stimulus strength that is sufficient enough to be detected or to produce a response.

Depolarizing Current

An electrical current that reduces the membrane potential of a neuron, making it more likely to fire an action potential.

Action Potential

is a rapid change in the electrical potential of the membrane of a nerve or muscle cell, allowing for the transmission of signals.

Synaptic Vesicles

Small sacs in a synapse that release neurotransmitters into the synaptic cleft to transmit signals between neurons.