Consider Clock Based on a Simple Pendulum That Is Outdoors $\circ$

question 7

Multiple Choice

Consider clock based on a simple pendulum that is outdoors in Helsinki,Finland.The pendulum consists of a mass of 1.00 kg that is hanging from a thin 3.000-m long aluminum rod.The clock is calibrated perfectly during a summer day with the average temperature of 25^oC.During a winter day with average temperature of -25 ^$\circ$ C,in a 24-hour period the clock will have measured

• A)exactly 24.00 hours.
• B)24 hours and 48 seconds.
• C)23 hours,59 minutes,and 12 seconds.
• D)24 hours,1 minute,and 35 seconds.
• E)23 hours,58 minutes,and 25 seconds.

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Definitions:

Forward Rate

An agreed-upon rate for a financial transaction that will occur at a future date.

Annual Coupon Bond

A bond that pays interest to the holder annually until maturity, when the face value is also paid back.

Face Value

The maturity value of a bond. Also known as par value of bond.

Yield Curve

A graph showing the relationship between bond yields and their maturity dates, which can indicate economic expectations.