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What triggers the Cori cycle?
Yield to Maturity
The total return anticipated on a bond if held until it matures, considering all interest payments and the repayment of principal.
Forward Rate
An agreed upon rate for a financial transaction that will occur at a future date, used in forward contracts.
Zero-coupon Bond
A debt security that does not pay interest but is traded at a deep discount, rendering profit at maturity when the bond is redeemed for its face value.
Semi-annually
Occurring twice a year.
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