Examlex
Locus of control is the belief that one's control over their destiny is __________.
Yield To Maturity
The total return expected on a bond if the bond is held until its maturity date.
Coupon Bond
A debt security that pays the holder a fixed interest amount (coupon) at scheduled intervals until the maturity date, when the principal amount is repaid.
Interest-Rate Risk
Interest-rate risk is the risk that changes in interest rates will negatively affect the value of an investment, particularly relevant for fixed-income securities.
Bond Duration
A measure of the sensitivity of a bond's price to changes in interest rates, representing the weighted average time until a bond's cash flows are received.
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