Examlex
Many psychologists and educators came to prefer the Wechsler intelligence tests because they offered ____________ long before the Stanford-Binet.
Shorter-Duration Bonds
Bonds with a near-term maturity date, typically less sensitive to interest rate changes and offering less yield compared to longer-duration bonds.
Yield To Maturity
The total return anticipated on a bond if it is held until its maturity date, including all interest payments and the repayment of principal.
Bond's Duration
Bond's duration measures the sensitivity of the bond's price to changes in interest rates, often indicating the average time it takes for a bond to repay its true cost.
Price Volatility
The rate at which the price of a security increases or decreases for a given set of returns, representing the risk of price change.
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