Examlex
Which of these is NOT required by the affirmative action process?
Yield
The income return on an investment, such as the interest or dividends received, expressed as a percentage of the investment's cost or current market value.
Convexity
A gauge of how changes in interest rates affect the relationship between the price of bonds and their yields, showing alterations in the bond's duration.
Price-yield Curve
A graphical representation that shows the relationship between the yield of a bond and its price, demonstrating how bond prices move inversely to changes in yield.
Rate of Change
A mathematical measure that calculates the percentage change in the value of a variable over a specific period.
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