The Economic Meaning of Duration Is the Interest Elasticity of a Financial

question 26

True/False

The economic meaning of duration is the interest elasticity of a financial asset's price.

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Definitions:

Synonym

In computing, it refers to a different name or alias for the same data object or function, often used in databases.

Typedef Struct Date

A way to define a new data type name for a structure, in this case specifically for representing dates.

Struct Date

A data structure used in programming to represent dates, typically including day, month, and year components.

PayRecord Structures

PayRecord structures are likely user-defined data types in programming that store information related to payroll or employee payment records.