Examlex
What are the main parts of a cover letter and their purposes?
Duration Of Assets
The sensitivity of an asset's price to interest rate changes, expressed in years.
Duration Of Liabilities
A measure of the sensitivity of the price (the value of principal) of a fixed-income investment to a change in interest rates, expressed in years.
Yield To Maturity
The total return expected on a bond if it is held until its maturity date.
Price Decline
Price decline refers to the decrease in the market price of a security or asset over a specific period.
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