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9-11 Duration Is Equal to Maturity When at Least Some

question 50

True/False

9-11 Duration is equal to maturity when at least some of the cash flows are received upon maturity of the asset.


Definitions:

Cognitive Dissonance

A state of mental discomfort experienced by an individual who holds two or more contradictory beliefs, ideas, or values at the same time.

Change

The process of becoming different, often involving alteration, transformation, or transition.

Belief

An acceptance that something exists or is true, especially one without proof.

Organizational Citizenship Behavior

Discretionary behavior that is not part of an employee's formal job requirements, but that nevertheless promotes the effective functioning of the organization.

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