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What is a dominant strategy?
Junk
A colloquial term for assets or securities that are of low quality, often associated with high risk and potential high return.
Interest Rate Risk
The potential for investment losses that are caused by a change in interest rates, affecting both lending and borrowing costs.
Time to Maturity
The remaining time until a financial instrument, such as a bond or loan, reaches its due date and the principal must be repaid.
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