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Don has a cleanliness obsession that revolves around a fear of dirt and germs.His compulsion involves handwashing.In treatment for his disorder,Don is asked to touch all the dirty doorknobs in his therapist's office building and is told he cannot wash his hands.He and the therapist then sit together while Don tries to relax and overcome his feelings of extreme discomfort.This treatment
Yield To Maturity
The total return anticipated on a bond if it is held until its maturity date, including all interest payments and the repayment of principal.
Bond's Duration
Bond's duration measures the sensitivity of the bond's price to changes in interest rates, often indicating the average time it takes for a bond to repay its true cost.
Price Volatility
The rate at which the price of a security increases or decreases for a given set of returns, representing the risk of price change.
Bond Swap
The process of selling one bond and purchasing another bond with different characteristics, often for tax optimization or to improve returns.
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