Examlex
What are universal product codes (UPCs)? Explain their use in packaging.
Investment Horizon
Investment horizon refers to the total length of time an investor expects to hold an investment or portfolio before liquidating it.
Promised Yield
The return a bond issuer commits to pay to bondholders, usually expressed as an annual percentage.
Modified Duration
A measure of the sensitivity of a bond's price to changes in interest rates, indicating the percentage change in price for a one percent change in yield.
Yield To Maturity
The total return anticipated on a bond if it is held until its maturity date.
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