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Maturity
Is the expiration date of a financial instrument, at which point the principal (or final interest payment) is repaid to the investors.
Coupon Rate
The interest rate per year on a bond, expressed as a fraction of its face value.
Par-Value
The face value of a bond or stock, representing the amount that the issuer agrees to repay at maturity or the nominal value of a share, respectively.
Duration
A measure of the sensitivity of a bond's price to changes in interest rates, essentially a weighted average of the time until cash flows are received.
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