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Table 10-5
-Table 10-5 represents a solution to a goal programming problem. There are three goals (each represented by a constraint) . Goal number 3 represents a resource usage goal. How much of this resource would be used by this solution?
Duration
A measure of the sensitivity of the price of a bond or other debt instrument to interest rate changes, representing the weighted average time until all cash flows are received.
Yield-To-Maturity
The expected total yield on a bond when held to its maturity date, stated as a yearly percentage.
Coupon Rate
The interest paid annually on a bond, indicated as a percentage of its face value.
Annually
Occurring once every year, often used to describe events or measurements that are taken or occur once per year.
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