Which of the Following Is Not an Idea Behind Simulation

question 35

Multiple Choice

Which of the following is not an idea behind simulation?

• A) to imitate a real-world situation mathematically
• B) study the properties and operating characteristics
• C) draw conclusions and make decisions based on the results
• D) both A and B
• E) A, B, and C are all ideas behind simulation,

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Definitions:

Bond Prices

The market price at which a bond is traded, which can fluctuate based on interest rates and the bond’s credit rating among other factors.

The National Post

A Canadian English-language national newspaper.

Term Structure

Pertains to the connection between interest rates or yields on bonds and varying durations or maturities.

Interest Rates

The percentage charged on the total amount of borrowed money or paid on deposited funds.