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Define and discuss the concept of civil disobedience.Provide examples.
Macaulay Duration
A measure of the weighted average time until a bond's cash flows are paid back, used to assess interest rate risk.
Yield To Maturity
The total return anticipated on a bond if held until it matures.
Interest-Rate Risk
The risk that an investment's value will change due to a change in the absolute level of interest rates, affecting debt securities inversely with respect to their prices and yields.
Unsystematic Risk
The portion of total risk that is specific to a single investment or to a small group of investments, also known as idiosyncratic or specific risk, which can be mitigated through diversification.
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