Duration Measures

question 14

Multiple Choice

Duration measures

• A) weighted-average time until a bond's half-life.
• B) weighted-average time until cash flow payment.
• C) the time required to make excessive profit from the investment.
• D) weighted-average time until a bond's half-life and the time required to make excessive profit from the investment.
• E) weighted-average time until cash flow payment and the time required to make excessive profit from the

---

Definitions:

Unconditioned Stimulus

An unconditioned stimulus is a stimulus that naturally and automatically triggers a response without prior learning.

Stimulus Discrimination

The ability to distinguish between different stimuli, even if they are similar, often used in the context of learning and behavior modification techniques.

Stimulus Generalization

The process by which a conditioned response is triggered by stimuli that are similar but not identical to the original conditioned stimulus.

Systematic Desensitization

A behavioral therapy technique used to reduce phobic responses and anxiety by gradually exposing the individual to the feared object or situation in a controlled way.