The Curvature of the Price Yield Curve for a Given

question 40

Multiple Choice

The curvature of the price yield curve for a given bond is referred to as the bond's

• A) modified duration.
• B) immunization.
• C) sensitivity.
• D) convexity.
• E) tangency.

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Definitions:

Lawrence Kohlberg

An American psychologist best known for his theory of stages of moral development.

Utilitarian Theories

A set of ethical theories that posit that the best action is the one that maximizes utility, typically defined as that which produces the greatest well-being of the greatest number of people.

Cost-benefit Analysis

A systematic approach to estimating the strengths and weaknesses of alternatives used to determine options which provide the best approach to achieve benefits while preserving savings.

Ethics

Moral principles that govern a person's behavior or the conduct of an activity.