Examlex
Select the classification for the following reaction. Na2O(s) + H2O(l) → 2NaOH(aq)
Yield To Maturity
The total return anticipated on a bond if the bond is held until its maturity date, taking into account its current market price, face value, interest payments, and time to maturity.
Duration
A measure of the sensitivity of a bond's or fixed income portfolio's price to changes in interest rates, expressed in years.
Maturity
Is the expiration date of a financial instrument, at which point the principal (or final interest payment) is repaid to the investors.
Coupon Rate
The interest rate per year on a bond, expressed as a fraction of its face value.
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