Examlex
________ is predicated as the presence or absence of withdrawal symptoms.
Coupon
The annual interest rate paid by a bond, expressed as a percentage of the face value, or the actual amount paid out to a bondholder annually.
Inflation
The rate at which there's an upward movement in the general price level of goods and services, weakening the purchasing capacity.
Convexity
A measure of the curvature or the degree of the curve in the relationship between bond prices and bond yields, indicating how the duration of a bond changes as the interest rate changes.
Bond Price Curve
A graphical representation of the relationship between the price of bonds and their respective maturities.
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