Examlex
The chief objective of the First Continental Congress was to
Interest Rate Sensitive
Refers to investments or financial instruments that are significantly impacted by changes in interest rates.
Yield To Maturity
The total return anticipated on a bond if held until it matures, factoring in current market price, par value, coupon interest rate, and time to maturity.
Semi-Annual
Occurring twice a year; pertaining to a period of six months.
Coupon Bond
A debt security that pays the holder a fixed interest rate, known as the coupon, usually annually or semi-annually, until its maturity date.
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