Examlex
A patient at increased risk for thromboembolic disorders will begin taking a progestin-only oral contraceptive. Which statement by the patient indicates understanding of how this oral contraceptive works?
Relative Value Strategy
An investment strategy that seeks to identify and exploit differences in the price or rate of securities, often aiming to profit from discrepancies in relative valuation rather than absolute price movements.
On-The-Run Bonds
The most recent issue of a government bond, usually more liquid and yielding slightly less interest compared to older ('off-the-run') bonds.
Nearly Identical Duration
A characteristic of two or more financial instruments whose cash-flows occur over a similar time frame, making their sensitivity to interest rate changes similar.
Hedge Fund Fee Structure
The compensation arrangement between hedge funds and their managers, typically involving a management fee plus a performance fee based on the fund's returns.
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