Examlex
Selecting a grant sponsor _____ writing the proposal is recommended.
Macaulay Duration
A measure of the weighted average time until a fixed income asset's cash flows are received, used to assess interest rate risk.
Yield
The earnings generated and realized on an investment over a particular period, expressed as a percentage of the investment’s cost, its current market value, or its face value.
Modified Duration
A measure of the sensitivity of a bond's price to changes in interest rates, adjusting for the bond's yield to maturity.
Modified Duration
A measure that estimates the price sensitivity of a bond or bond portfolio to interest rate changes, adjusting for the changing yield to maturity.
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