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Shelly Cook recently launched a social network for chefs. One thing Shelly is thinking about creating is a panel of experts who can provide her ongoing direction and advice regarding the future of her business. Shelly is thinking about creating a(n) ________.
Yield Curve
A graph that plots the interest rates at a set point in time of bonds having equal credit quality but differing maturity dates, typically used to predict economic changes.
Maturity
The fixed date in the future at which the principal amount of a bond or other financial instrument is scheduled to be repaid.
STRIPPED Cash Flows
Cash flows from an investment that have had certain elements removed, often related to interest or taxes, to reflect the underlying performance more accurately.
Arbitrage
The practice of profiting from price differences of the same asset in different markets by simultaneously buying and selling it.
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