Examlex
No two people will leave a communication with the same perceptions once the terms of agreement is negotiated.
Convexity
A measure of the curvature or the rate of change of the bond's duration as interest rates change, affecting the bond's price sensitivity to interest rate changes.
Yield
The income generated by an investment, often expressed as a percentage of the investment's cost or market value.
Basis Points
A financial measurement unit representing the percentage shift in the value or rate of a financial asset, which is equal to one hundredth of a percent.
Yield To Maturity
The total return anticipated on a bond if the bond is held until its maturity date, expressed as an annual rate.
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