Examlex
Cash flow projections can be reliable under conditions of uncertainty.
Basis Point
A unit of measure used in finance to describe the percentage change in the value or rate of a financial instrument, equal to 1/100th of 1%.
Bond Prices
The cost or value of a bond, which can fluctuate based on interest rates, credit quality of the issuer, and other factors.
Yields
Yields refer to the earnings generated and realized on an investment over a particular period, expressed as a percentage based on the investment’s cost, its current market value, or its face value.
Debentures
A type of debt instrument not secured by physical assets or collateral but based on the creditworthiness and reputation of the issuer.
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