Start learning 50% faster. Sign in now
Duration (Macaulay duration) measures the price volatility of fixed income securities. It is often used in the comparison of the interest rate risk between securities with different coupons and different maturities. It is the weighted average of the present value of all the cash flows associated with a fixed income security. It is expressed in years. The duration of a fixed income security is always shorter than its term to maturity, except in the case of zero coupon securities where they are the same
Anoop and Bheema, working individually, can complete a task in 16 days and 12 days, respectively. If they worked together and ear...
A jar contains a mixture of milk and water in the ratio 7:5, respectively. If 9-litres of the mixture is taken out, then the quantity of water left in t...
I. 3x2 – 15x + 18 = 0
II. 2y2 – 40y + 198 = 0
A sum of money doubles itself in 5 years at simple interest. In how many years will it become 5 times itself at the same rate of interest?
The average weight of 14 students in a class is 30 kg. Two more students weighing 20 kg and 24 kg join the class. What is the average weight of the clas...
Let A={1,2,3}, and B={x ∈ Z ∣ 1≤x≤4}. The total number of injective functions from A to B is:
A coin is tossed. If head occurs, a ball is drawn from a bag containing 3 red and 4 green balls. If tail occurs, a die is thrown. The probability that t...
A rectangle has a length that is 4 cm more than its width. If the perimeter of the rectangle is 32 cm, find the dimensions of the rectangle.
In a triangle ABC, the internal bisector of ∠ A meets side BC at D. If AB = 6 cm, AC = 9 cm, and BC = 12 cm, what is the length of BD?