Examlex
A bond portfolio manager notices a hump in the yield curve at the 5-year point. How might a bond manager take advantage of this event?
Excise Tax
A tax imposed on specific goods, such as tobacco and alcohol, typically to discourage their consumption or generate revenue.
Tax Revenue
The revenue collected by governments from taxes.
Subsidy
A payment the government makes to either the buyer or the seller, usually on a per-unit basis, when a good or service is purchased or sold.
Selling Price
The amount of money for which a seller offers a product or service to a buyer.
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