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Bart was recently diagnosed with schizophrenia and has since started taking Thorazine. He meets with his doctor, Dr. Aimes, at a follow-up visit to evaluate his progress on Thorazine. After deciding to switch Bart from Thorazine to Clozaril, Dr. Aimes tells Bart that she will need to meet with him again very soon to monitor a new batch of potential side effects, such as ____.
Duration
A measure of the sensitivity of a bond's or fixed income portfolio's price to changes in interest rates, typically expressed in years.
Basis Points
A unit of measure used in finance to describe the percentage change in the value or rate of a financial instrument, equal to 1/100th of 1%.
Yield To Maturity
The total return anticipated on a bond if held until its maturity date, factoring in its current market price, face value, interest rate, and time to maturity.
Perpetuity
A type of financial instrument that offers indefinite or endless payments to the holder, often used to represent the value of fixed interest stocks.
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