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Write the logarithmic equation in exponential form.
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Bond Prices
The market value of bonds, which can fluctuate based on changes in interest rates, credit quality of the issuer, and market demand.
Interest Rates
Interest rates are the cost of borrowing money or the reward for saving, typically expressed as a percentage of the principal for a specified period.
S&P Rating
A credit rating given by Standard & Poor's, evaluating the creditworthiness of a borrower, ranging from AAA (excellent) to D (in default).
Investment Grade
A credit rating indicating a low risk of default, used to classify bonds that are considered safe investments.
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