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While watching his older sister dive into a swimming pool, Jackson saw her slip on the end of the diving board, crack her head on the end of the board, and end up bleeding in the pool and crying hysterically. She required 12 stitches to close the cut on the back of her head. As a result, Jackson was highly afraid of both diving boards and the deep end of swimming pools. HE did not overcome these fears until he was well into his early adult years. Jackson acquired his phobia as a result of ________ conditioning.
Rate of Return
The advancement or decline in an investment’s worth over a stipulated period, framed as a percentage of the original investment amount.
Par Value
The face value of a bond or a stock as stated by the issuing company, which does not necessarily match the market value.
Annual Dividend
The total amount of dividends a shareholder receives per share within a year.
Market Rate
The prevailing interest rate available in the marketplace for securities or loans of a similar risk and maturity profile.
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