Duration is defined as the sensitivity of the bond price to the change in interest rates. Thus Duration can be given as Duration = % change in price/change in yield = 5%/0.4% = 12.5 years
A person who leaves their own country to settle permanently in another
A fear of foreigners or strangers
Select the most appropriate meaning of the given idiom:
Beating a dead horse
The cleaning work began ahead (A) of taking up large-scale excavation (B) in the area in a bid to conserve (C) the reminants (D) left behind by...
Choose the one which best expresses the meaning of the given word .
Ineffable
In the following question select the answer pair that expresses a relationship most similar to that expressed in the capitalised pair.
SKEPTIC...
One who is helpless and in a weak position.
Empathy
...Austerity
Eructation
