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A(n) ________ is an assembly of forms,reports,queries,and application programs that process a database.
Modified Duration
A measure that estimates the price sensitivity of a bond to a one percent change in interest rates, adjusting for the changing yield to maturity.
Yield To Maturity
The total return anticipated on a bond if the bond is held until it matures.
Duration
A measure of the sensitivity of the price of a bond or other fixed-income investment to changes in interest rates, typically expressed in years.
Basis Points
Basis Points are a unit of measure used in finance to describe the percentage change in the value or rate of a financial instrument, with one basis point being 1/100th of 1%.
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