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If the populations are normally distributed but the population variances are unknown the z-statistic can be used as the basis for statistical inferences about the difference in two population means using two independent random samples.
Market Interest Rate
The prevailing rate of interest for securities and loans across the market, which can fluctuate based on supply and demand.
Interest Payment
The payment made to a lender by a borrower for the privilege of borrowing money, typically expressed as an annual rate.
Zero-Coupon Bond
A Zero-Coupon Bond is a debt security that doesn't pay interest (a coupon) but is traded at a deep discount, rendering profit at maturity when the bond is redeemed for its full face value.
Yield To Maturity
The total return anticipated on a bond if it is held until the end of its lifetime.
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