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The above table shows the yields to maturity on a number of three-year, zero-coupon securities. What is the price per $100 of the face value of a three-year, zero-coupon corporate bond with a BBB rating?
Milliseconds
A unit of time equal to one thousandth of a second, often used to measure very short durations, especially in scientific contexts.
Absolute Refractory Period
A phase during which a neuron is incapable of firing again immediately after an action potential, ensuring the signal only moves in one direction.
Action Potentials
Quick, electrical impulses that travel down a neuron's axon, allowing neurons to communicate with each other.
Synaptic Interval
The gap between neurons across which neurotransmitters travel to transmit signals from one neuron to the next.
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