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How can you respond effectively to an interviewer who is willing to evaluate your interview performance?
Duration
A measure of the sensitivity of the price of a bond or other debt instrument to changes in interest rates, frequently used to assess interest rate risk.
Weighted-Average Time
A calculation that determines the mean time until cash flows are received, adjusted for the relative size of each cash flow, often used in bonds.
Cash Flow Payment
Payments of money, particularly from a company or government to an individual, which can arise from operations, financing, or investments.
Yield To Maturity
The total return anticipated on a bond if the bond is held until it matures, considering all payments of principal and interest.
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