Examlex
Captive bonobos show language comprehension abilities similar to that of a(n) __________.
Modified Duration
A measure of the sensitivity of a bond's price to changes in interest rates, reflecting the change in the bond’s price for a 1% change in yield.
Annual Interest
The percentage of interest that will be charged or earned on an investment or loan, calculated on an annual basis.
Coupon Rate
The annual interest rate paid by the issuer of a bond to the bondholder, usually expressed as a percentage of the bond's face value.
Duration
A measure of the sensitivity of the price of a bond or other debt instrument to changes in interest rates.
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