0° of Latitude Is Found at the ________,And 90° of Latitude

question 13

Multiple Choice

0° of latitude is found at the ________,and 90° of latitude is found at the ________.

• A)South Pole; North Pole
• B)South Pole; Equator
• C)Equator; North Pole
• D)North Pole; Prime Meridian

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Definitions:

Portfolio Durations

A measure of the sensitivity of the price of a portfolio to a change in interest rates, often used to manage interest rate risk.

Comparison Universe

A set of similar investment options or benchmarks used for evaluating the performance or characteristics of a specific investment.

Jensen Measure

A performance evaluation method that measures the excess returns a portfolio generates over its expected return, given its level of market risk.

Absolute Measure

A term used in finance to describe a statistical measure that is not relative but quantifies an actual amount or change.