Examlex
Factor.
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Duration
A financial metric that indicates the sensitivity of a bond's price to changes in interest rates, commonly measured in years.
Par-Value
Par-value is the legal capital per share, established for stocks and bonds, representing a minimal value below which shares cannot be issued.
Duration
A measure of the sensitivity of the price of a bond or other debt instrument to changes in interest rates, often used to assess interest rate risk.
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