Examlex
A small month calendar that is used to select different dates quickly is the ________.
Duration
A measure of the sensitivity of the price (the value of principal) of a fixed-income investment to a change in interest rates, often expressed in years.
Perpetuities
A type of annuity that receives an infinite series of identical cash flows with no end.
Deep Discount Bonds
Bonds that are issued at a significantly lower price than their par value, often with higher yields to compensate for the risk.
Price Volatility
The rate at which the price of a security increases or decreases for a given set of returns, indicative of the risk or uncertainty of the security's value over time.
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