Choose the INCORRECT Statement

question 111

Multiple Choice

Choose the INCORRECT statement.

• A)Sodium chloride may be produced by electrolysis of sodium metal and chlorine gas.
• B)Sodium chloride is one of the most used minerals in the production of chemicals.
• C)Sodium chloride is used to preserve meat and fish.
• D)Sodium chloride is used to control ice on roads.
• E)Sodium chloride is used to regenerate water softeners.

Understand and apply basic concepts of statistics and probability in context.

Interpret and analyze statistical data presented in various forms.

Perform and interpret basic calculations for descriptive statistics.

Understand the representation of data through standard deviation and mean.

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Definitions:

Interest-Rate Risk

The possibility of incurring losses in investments as a result of variations in interest rates, especially impacting fixed-income securities.

Coupon

The interest rate paid by a bond, usually expressed as a percentage of the bond's face value.

Cash Flow Matching

A form of immunization, matching cash flows from a bond portfolio with those of an obligation.

Immunization

A strategy in fixed income investing that aims to make a portfolio's duration and interest rate risk match its liability obligations.