Examlex
For bonds, price sensitivity to a given change in interest rates is generally greater the longer before the bond matures.
Advantages
The positive, beneficial aspects or factors contributing to success, efficiency, or achievement of goals.
Obligations and Duties
Requirements or demands made legally or morally upon a person, which are necessary to fulfill a contract or role.
Directors
Individuals appointed to supervise and guide the affairs and strategic direction of a corporation or organization.
Shareholders
Individuals or entities that own one or more shares of stock in a corporation, thereby having an interest in the company's performance and governance.
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