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What is the difference between a specific question and an exploratory question?
Futures Contract
A contract to purchase or sell a specified commodity or financial instrument at an agreed-upon price at a future date.
Credit Risk
The risk that the bond will not make all of its promised payments; default risk.
Swap Market
A market in which individuals, businesses, and institutions exchange financial instruments, like interest rates or currencies.
Fixed Rate
An interest rate that remains constant over the life of a loan or investment.
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