We Can Think of Duration as the Slope of a Line

question 39

Multiple Choice

We can think of duration as the slope of a line that is tangent to the convex:

• A)price-yield curve at the expected future price and expected yield of the bond.
• B)price-yield curve at the current price and expected yield of the bond.
• C)price-yield curve at the current price of the bond.
• D)price-yield curve at the current price and yield of the bond.

Understand the basic concepts of observational learning and modeling according to Bandura.

Recognize the importance of behaviors being either rewarded or punished, and how this influences observational learning.

Identify the characteristics and influence of models on learning.

Recognize the process and effects of disinhibition in modeling.

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Definitions:

Deferred Tax

A tax obligation or asset that results from temporary differences due to the different timing of recognition of income and expenses for tax and accounting purposes.

Tax Rate

The fraction of earnings that the government requires from an individual or business as tax.

Operating Segment

It's a component of a business that engages in business activities from which it may earn revenues and incur expenses, and for which separate financial information is available.

Canadian GAAP

Generally Accepted Accounting Principles in Canada, comprising standards for financial reporting and accounting practices in Canadian entities.