Examlex
Some linguists argue that the extraordinary size of the human brain in comparison to other species is largely due to the evolution of ____.
Price Volatility
The rate at which the price of an asset increases or decreases for a given set of returns, indicative of the risk or stability.
High Coupon
Bonds or debt securities that offer a higher interest rate compared to the market average.
Long Maturity
Long maturity refers to bonds or other fixed-income securities with a longer period until their expiry date, typically associated with greater sensitivity to interest rate changes.
Modified Duration
A measure of the sensitivity of a bond's price to changes in interest rates, reflecting how much the price is expected to change with a 1% move in rates.
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