Examlex
The very fact of distinct subcultures within a nation may spur __________.
Zero-Coupon
A type of bond that does not pay periodic interest payments and is instead sold at a discount to its face value, with the full face value received by the holder at maturity.
Yield To Maturity
The total return anticipated on a bond if the bond is held until its maturity date, taking into account its current market price, face value, interest payments, and time to maturity.
Duration
A measure of the sensitivity of a bond's or fixed income portfolio's price to changes in interest rates, expressed in years.
Maturity
Is the expiration date of a financial instrument, at which point the principal (or final interest payment) is repaid to the investors.
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