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What is a victim impact statement? Are these statements included in the parole release decision process? If so, how? Please explain. Are victims able to participate in parole hearings? If so, how? Please explain.
Interest Rates
The cost of borrowing money or the reward for saving, typically expressed as a percentage of the principal.
Premium
The amount by which the price of a financial instrument or insurance policy exceeds its face value or the cost above the normal price.
Modified Duration
A measure indicating the sensitivity of a bond's price to changes in interest rates, estimating the percentage price change for a parallel shift in yield curves.
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