What Is Bond Duration and What Are the Implications of Holding

question 31

Essay

What is bond duration and what are the implications of holding a bond to its duration versus holding the bond to maturity?

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Definitions:

Background Check

The process of investigating an individual's history, typically conducted for employment or security purposes to verify credentials and identify any legal issues.

Group Interview

An interview process involving multiple candidates being interviewed simultaneously, often used to assess communication and interpersonal skills in a collaborative setting.

Structured Interview

A formalized, consistent interview process where all candidates are asked the same predetermined set of questions.

Behavioural Interview

A method of interviewing where candidates are asked to describe past behavior as a predictor of future performance.