Answer:
-3.91%.
Explanation:
The Duration Adjustment (% change in bond price) is given by:
= (Duration) * (Change in yield in %)
= -(7.81) x (0.5%)
= -3.91%
The Convexity Adjustment is given by:
= 0.5 * Convexity * (Change in yield, as a fraction)^2
= 0.5 * 99.87 * (0.005)^2
= 0.5 * 99.87 * 0.000025
= 0.001248375
= 0.0012%
Thus, the convexity correction is 0.0012%
Thus, the total change in bond price = -3.91% + 0.0012% = -3.91%.
NFT art differs from traditional art in that it is entirely digital and can only exist in digital wallets on a specific blockchain. An art print, on the other hand, is an image on paper that does not exist on the digital wallets.
<h3>What is NFT?</h3>
A non-fungible token (NFT) is a non-transferable data unit that may be sold and traded on a blockchain, which is a sort of digital ledger.
Cryptocurrencies and physical money are both "fungible," meaning they may be traded or exchanged for one another.
In fact, anyone can make an NFT and sell it on a marketplace for NFTs.
Thus, NFT is the digital wallets and art print is the non digital wallet
For further details about NFT, click here:
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Answer and Explanation:
A. Toothpaste brand: Toothpaste is a commonly used, inexpensive, and very popular product. These decisions are governed mainly by the reference group such as family , friends or primary group with whom a student has regular face to face experiences. Hence the purchase decision is affected by a low degree of comparison community.
B. Buying a hybrid car: A hybrid car is sometimes described as expensive and luxury products. It's moreover a non-necessity commodity for a college student. These decisions are therefore usually affected by secondary community. And a high degree of control in the comparison community will only inspire a student to buy a car.
C. Buying cereal for breakfast: This is a simple requirement of a lifetime. Therefore, even without consulting any reference group a student can buy such product. Often such transactions are rules by family group control. So it needs a low degree of control.
D. Becoming a vegetarian: It takes a high degree of influence and motivation to become a vegetarian.
Thus the aspirational group influences a student. So they opt for vegetarianism to become part of such a community. Such decision taking involves a high degree of control.
E. Option of a computer tablet like the iPod: these products are a luxury commodity sold at regular prices. Typically refer to their families , friends, magazines before making a purchase student to get an idea about the output and price of these products. These goods are the weak product with a strong brand and a strong purchase is controlled by a strong reference community impact.
Gift splitting permits a married couple to merge their gift tax exemptions to help enhance the advantages of tax-free gifting.
<h3>What is a gift-splitting gift?</h3>
This method is not automatic, and the ability to split gifts requires that certain prerequisites are met, including the consent of both spouses on a pointed federal gift tax return.
Gift splitting allows a wedding couple to combine their gift tax exemptions to help enhance the advantages of tax-free gifting.
The unified tax credit gives a set dollar quantity that an individual can gift during their lifetime and give on to heirs before any gift or estate taxes apply.
To learn about unified tax credit visit the link
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