Examlex
Which of the following does Susan Harter argue there is still evidence for?
Bond Convexity
A measure of the curvature or the degree of the curve in the relationship between bond prices and bond yields, demonstrating how the duration of a bond changes as the interest rate changes.
Yield To Maturity
The total return anticipated on a bond if the bond is held until its maturity date, expressed as an annual rate.
Price Volatility
The rate at which the price of a security increases or decreases for a given set of returns, often measured by the standard deviation of historical returns.
Initial Yield
The initial yield is a financial measure indicating the first year's return on an investment in real estate or bonds, often expressed as a percentage of the investment's cost.
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