Examlex
Fill in the correct labels for the following figure using the word bank below.
-D _________
Duration
A measure of the sensitivity of the price of a bond or other debt instrument to a change in interest rates, usually expressed in years.
Perpetuity
A financial term for a constant stream of identical cash flows with no end.
Yield
The earnings from an investment, like dividends or interest, shown as a percentage of the investment's original cost or its current market valuation.
Perpetuity
A type of financial instrument that provides an infinite stream of interest payments.
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