Examlex
Hominid fossils indicate which of the following differences between Homo habilis and Homo erectus?
Duration Predictions
Predictions about the length of time it will take for the price of a bond to be repaid by its internal cash flows.
Yield Falls
A situation where the yields on bonds decrease, which typically occurs when bond prices increase.
Convexity
A measure of the curvature or the degree of the curve in the relationship between bond prices and bond yields.
Basis Points
A unit of measure used in finance to describe the percentage change in the value or rate of a financial instrument; one basis point is equivalent to 0.01%.
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