Examlex
In the accompanying figure, ____ is a paragraph style.
Coupon Rate
The annual interest rate paid on a bond, expressed as a percentage of the face value and paid from issue date until maturity.
Duration
A measure of the sensitivity of the price of a bond or other debt instrument to changes in interest rates, usually expressed in years.
Bond Duration
A measure of the sensitivity of a bond's price to changes in interest rates, expressed in years.
Time To Maturity
The remaining duration until the expiration date of a financial instrument, when its principal is due to be paid to holders.
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