Examlex
Positions are stances that you take or recommendations that you make based on a set of conclusions.
Yield To Maturity
The total return anticipated on a bond if it is held until its maturity date, expressed as an annual rate.
Duration
A measure of the sensitivity of the price of a bond or other debt instrument to changes in interest rates, often used as an indicator of interest rate risk.
Yield To Maturity
The total return anticipated on a bond if it is held until it matures, including all payments of interest and principal.
Semi-Annually
This term describes events or processes, such as interest payments or calculations, that occur twice a year.
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