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In the Term Structure of Volatility,the Forward Volatility Is the Expected

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In the term structure of volatility,the forward volatility is the expected future volatility.


Definitions:

Proximity

The spatial or psychological closeness or nearness between people or objects, which can influence various aspects of human behavior and perception.

Timbre

The quality of a sound that distinguishes it from others, even when they have the same pitch and loudness.

Wavelength

The distance between consecutive crests of a wave, typically used to measure the length of waves in the spectrum of electromagnetic radiation.

Sound Wave

A wave of pressure transmitted through air, water, or other materials, and perceived as sound.

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