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A key feature for colonizing cool, dry habitats is the
Maturities
The dates on which financial obligations or instruments are due to be paid back or expire.
Modified Duration
A measure that quantifies the sensitivity of the price of a bond or other debt instrument to changes in interest rates, indicating the percentage change in price for a parallel shift in yield curves.
Corporate Bond
A type of debt security issued by corporations to raise capital, promising to pay back the face value plus interest.
Coupon Rate
The interest rate stipulated on a bond’s certificate, paid to its holder at specified intervals until maturity.
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