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Competence includes maintaining an appropriate level of professional expertise by continually developing knowledge and skills.
TIPS Bond
Treasury Inflation-Protected Securities (TIPS) are U.S. government bonds that are indexed to inflation in order to protect investors from the negative effects of rising prices.
Coupon Rate
The annual interest rate paid by a bond issuer to its bondholders, expressed as a percentage of the bond's face value.
Inflation Rate
The speed at which prices for products and services ascend, resulting in a decline in how much can be bought.
Market Conversion Value
The value of a convertible security if it is converted into a different form, usually stock, at its current market price.
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