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In 2005,after Most Other Provinces Had Also Recognized Same-Sex Marriage,the

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In 2005,after most other provinces had also recognized same-sex marriage,the federal government legalized gay and lesbian marriages,making Canada the fifth country to recognize same-sex marriage.


Definitions:

Duration

A measure of the sensitivity of a bond's or fixed income portfolio's price to changes in interest rates, expressed in years.

Maturity

Is the expiration date of a financial instrument, at which point the principal (or final interest payment) is repaid to the investors.

Coupon Rate

The interest rate per year on a bond, expressed as a fraction of its face value.

Par-Value

The face value of a bond or stock, representing the amount that the issuer agrees to repay at maturity or the nominal value of a share, respectively.

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