Examlex
Which of the following is considered audit evidence?
Term To Maturity
The length of time until the principal amount of a bond or other debt instrument is due to be repaid.
Yield To Maturity
The total expected return on a bond if held until its maturity date, expressed as an annual rate.
Coupon Rate
The annual interest rate paid by a bond relative to its face value, expressed as a percentage.
Duration-based Immunization
A strategy used in portfolio management to minimize the risk of interest rate fluctuations by matching the duration of assets and liabilities.
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