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A computer manufacturer is first divided into the following groups: Home Office/Personal Use, Small Business, Large Business, and Educational Institutions. Within each of these divisions, management is organized into finance, operations, marketing, and human resources. This company is organized first by ____, then by ____.
Bond Yields
The return an investor realizes on a bond, calculated as the annual interest payment divided by the bond's current market price.
Term Structure
The relationship between interest rates (or yields) and different maturities of debt securities, often depicted as a curve.
U.S. Treasuries
Debt securities issued by the U.S. Department of Treasury used to finance government spending as an alternative to taxation.
Interest Rates
Interest rates are the cost of borrowing money or the return for saving and depositing money, typically expressed as a percentage.
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