Examlex
Suppose the current market interest rate is 10.25 percent.What is the current market price of a 5-year bond with a face value of $1,000 that has a coupon rate of 14 percent with semi-annual coupon payments?
Spontaneous Recovery
The reappearance of a conditioned response after a period of rest and with no further conditioning, often observed in behavioral psychology.
Extinction
The diminishing of a conditioned response; occurs in classical conditioning when an unconditioned stimulus (US) does not follow a conditioned stimulus (CS); occurs in operant conditioning when a response is no longer reinforced.
Conditioned Stimulus
A stimulus that, through association with an unconditioned stimulus, comes to elicit a response similar to the response to the unconditioned stimulus.
Conditioned Response
A learned reaction to a specific stimulus as a result of conditioning.
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