Examlex
A country can have a comparative advantage in the production of a good, even if it does not have an absolute advantage in the production of that good.
Investment Horizon
Investment horizon refers to the total length of time that an investor expects to hold a portfolio or an investment before taking profits or closing positions.
Duration
A financial metric that estimates the weighted average time it takes for an investor to be repaid the bond's cash flows, serving as a measure of interest rate sensitivity.
Promised Yield
The return that a bond issuer agrees to pay to the bondholder until maturity, expressed as an annual percentage.
Coupon Rate
The annual interest rate paid by a bond issuer to the bondholder, usually expressed as a percentage of the bond's face value.
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