The Ultraviolet Catastrophe Predicts That

question 53

Multiple Choice

The ultraviolet catastrophe predicts that:

• A)all objects should radiate extreme amounts of ultraviolet light.
• B)as an object gets hotter its light will change from dull red to blue white.
• C)a black body can absorb an infinite amount of radiation if the radiation is in the ultraviolet region.
• D)the radiated energy approaches zero as the wavelength approaches zero.

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Definitions:

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Modified Duration

A measure of the sensitivity of the price of a bond or a bond portfolio to a change in interest rates, adjusted for the possibility that the bond may be called before maturity.

Basis Point

A basis point is a unit of measure used in finance to describe the percentage change in the value or rate of a financial instrument, equivalent to 0.01%.