Examlex
Which of the following is the most abundant gas in the air?
Term To Maturity
The remaining time until a debt instrument is due for repayment.
Modified Duration
A measure of the sensitivity of a bond's price to changes in interest rates, modified to account for changes in cash flow schedules.
Basis Points
One basis point is equal to 1/100th of 1%, used primarily to denote the change in interest rates, equity indexes, and the yield of fixed-income securities.
Price Decline
A decrease in the market price of an asset or security.
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