Modified duration Study guides, Class notes & Summaries

CFA Level 1 - 101 Must Knows 368 Questions with Verified Answers Addition Rule of Probability - CORRECT ANSWER ADDITION: P(A or B) = P(A) + P(B) - P(AB) Roy's Safety First Criterion - CORRECT ANSWER Safety First Ratio = (E(R) - Rₜ) / σ Larger ratio is better If (Rₜ) is risk free rate, then it becomes Sharpe Ratio Sharpe Ratio - CORRECT ANSWER Sharpe Ratio = (E(R) - RFR) / σ Larger ratio is better If (Rt) is higher than RFR, then it becomes Safety First Ratio Centra...

Price change based on convexity CORRECT ANSWER -duration(change in yield)+1/2(convexity)(change in yield)^2 Effective Duration CORRECT ANSWER Required if a bond has embedded options: [(v-)-(v+)]/[2V0(change in curve)] Modified Duration CORRECT ANSWER [(v-)-(v+)]/[2V0(change in yield)] Future Value CORRECT ANSWER PV(1+(I/Y)^N) PV CORRECT ANSWER FV/(1+r)^n PV of perpetuity CORRECT ANSWER PMT / discount rate Approximate percentage price change of a bond CORRECT ANSWER (-)(modified...

Price change based on convexity - Answer--duration(change in yield)+1/2(convexity)(change in yield)^2 Effective Duration - Answer-Required if a bond has embedded options: [(v-)-(v+)]/[2V0(change in curve)] Modified Duration - Answer-[(v-)-(v+)]/[2V0(change in yield)] Future Value - Answer-PV(1+(I/Y)^N) PV - Answer-FV/(1+r)^n PV of perpetuity - Answer-PMT / discount rate Approximate percentage price change of a bond - Answer-(-)(modified duration)(ΔYTM) Nominal Risk Free - A...

Comprehensive CRNA Interview Review Accurate responses are given. Comprehensive CRNA Interview Review Norepinephrine Mechanism of Action (MOA) A1, A2, B1 agonist. Primary agent used in distributive shock because it's ability to recruit venous volume and augment preload, while increasing arterial tone, and increasing cardiac output. Alpha one causing peripheral smooth muscle contraction. (low dose venous, high dose venous and arterial). Alpha 2 adrenoreceptor agonism actually ant...

ATI Med Surg Practice B 2023 Questions Answered 100% Accurate A nurse is providing teaching to a client who has AIDS. Which of the following statements by the client indicates an understanding of the teaching? "I should clean my toothbrush in the dishwasher once a month." "I should eat more fresh fruit and vegetables." "I will avoid drinking a glass of cold liquid that has been standing for 30 minutes." "I will take my temperature once a day." I will take my temperature o...

Exam FX Life Insurance Final Exam questions with accurate answers. 100% Verified. A buyer's guide -ANS/QUIZ The entire contract includes all of the following EXCEPT... The death benefit is not increased -ANS/QUIZ All of the following statements about indexed whole life insurance EXCEPT... A Warranty -ANS/QUIZ What guarantees that the information explained in the insurance contract is true? (1) the policy, (2) a copy of the application, and (3) any riders or amendments. -ANS/QUIZ T...

An insurer has made all of the decisions regarding the provisions included in the insured's policy. The insured finds an objectionable provision and wants to negotiate it with the insurer but is not allowed to do so. Her only options are to reject the policy or accept it as is. Which contract feature does this describe? a) Unilateral b) Conditional c) Personal d) Adhesion - Adhesion An insurance policy that only requires a payment of premium at its inception, provides insurance protect...

QABA Exam practice questions taken from Relias training_2023. *If you have an individual who engages in escape behaviors you should:* A. Alternate antecedent interventions daily to see which ones are the most effective. B. Provide all antecedent interventions that can prevent escape. C. Tailor antecedent interventions to the person you support based on data from the FBA. D. Choose 3 antecedent interventions for escape maintained behaviors *After cleaning up a work area contaminated wi...

An insurer has made all of the decisions regarding the provisions included in the insured's policy. The insured finds an objectionable provision and wants to negotiate it with the insurer but is not allowed to do so. Her only options are to reject the policy or accept it as is. Which contract feature does this describe? a) Unilateral b) Conditional c) Personal d) Adhesion Answer - Adhesion An insurance policy that only requires a payment of premium at its inception, provides insurance p...

What is Modified Release? - Answer- The term modified-release is used to describe dosage forms that alter the timing and/or the rate of release of a conventional drug product/dosage form - FDA does define this Some Modified Release Systems - Answer- - some of these have overlap 1. Delayed release 2. Repeated Release or Repeat Action 4. Extended, Sustained, Long-Acting, Prolonged, Controlled Release 5. Targeted Release Delayed-release - Answer- - dosage forms release the drug at a la...