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Most Streptococcus and Actinomyces Species Metabolize Sugars,such as Glucose,to Lactic

question 16

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Most Streptococcus and Actinomyces species metabolize sugars,such as glucose,to lactic acid.Lactic acid is then broken down further into hydrogen,methane,and carbon dioxide by other members of the biofilm.

Recognize the concepts of duration and modified duration as measures of interest rate sensitivity.
Identify the factors affecting bond duration and how they influence bond price volatility.
Understand the difference between active and passive bond portfolio management strategies.
Assess the role of interest-rate risk in bond portfolio management for both active and passive managers.

Definitions:

Income Statement

A financial statement showing a company's income, expenses, and profits over a specified period, typically a quarter or year.

EBIT

Earnings Before Interest and Taxes is a measure of a firm's profitability that excludes interest and income tax expenses.

Operating Profit

Profit generated from a company's core business operations, excluding deductions of interest and taxes.

Net Profit

The financial gain achieved after subtracting all expenses, taxes, and costs from total revenue.

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