Examlex
What was one major difference between the American soldiers who fought in the Vietnam War and those soldiers who fought in World War II?
Duration
A metric indicating how the price of a bond or another type of debt instrument reacts to interest rate fluctuations, usually denoted in years.
Interest Rates
The cost of borrowing money or the return on investment for savings, typically expressed as a percentage.
Interest Sensitivity
The degree to which the price of a financial asset responds to changes in interest rates.
Coupon
In finance, a coupon refers to the annual interest payment made to bondholders, expressed as a percentage of the bond’s face value.
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