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The Carrying Value of a Bond Is Also Referred to as Its

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The carrying value of a bond is also referred to as its present value.


Definitions:

Higher-Order Conditioning

A process in classical conditioning by which a stimulus that's associated with a conditioned stimulus also becomes capable of eliciting a conditioned response.

Successive Approximations

A method used in behavior modification that rewards behaviors that progressively get closer to the desired behavior.

Intermittent Reinforcement

A conditioning schedule where a response is only sometimes reinforced, leading to more resistant and persistent behavior.

Faster Extinction

The accelerated reduction or loss of conditioned responses, typically in the context of behavioral psychology.

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