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Purpose – The purpose of this paper is to derive an easy‐to‐implement and highly accurate formula to approximate the change in the bond price resulting from a change in interest rates. Design/methodology/approach – The bond price is raised to an infinitesimal power and the Taylor series...
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of students studying mathematics. Design/methodology/approach – CAI in mathematics, as an alternative to traditional … attitudes toward mathematics compared with TI. Research limitations/implications – The scope of the study is limited to a sample … those courses which contain abstract concepts like mathematics. For example, simulated software could help teachers utilize …
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