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A(n) ________ channel creates a barrier that makes it difficult or impossible for outsiders to penetrate.
T-bonds
Treasury bonds, long-term government debt securities with maturity periods typically over 20 years, offering interest payments semiannually.
Corporate Bonds
Debt securities issued by corporations to finance their operations, expansions, or projects, which pay fixed or variable interest rates to investors.
Yield To Maturity
A measure of the annualized return anticipated on a bond if the bond is held until its maturity date, accounting for current market price, par value, coupon interest rate, and time to maturity.
Par Value
A nominal value assigned to a security or company stock, serving as the minimum price at which the security can initially be sold.
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