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(Video: a Journey into Memory) the Conversation Between Nick and Amber

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(Video: A journey into memory) The conversation between Nick and Amber includes references to Nick's desire to travel and work for the


Definitions:

Modified Duration

A measure of the sensitivity of a bond's price to changes in interest rates, indicating the percentage change in price for a one percent change in yield.

Yield To Maturity

The total return anticipated on a bond if it is held until its maturity date.

Semiannually

A term indicating that an event or action occurs twice a year.

Capital Gain

The profit earned from the sale of an asset when its selling price exceeds its purchase price.

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