Examlex
Which of the following is true of polyamory?
Yield To Maturity
The total return anticipated on a bond if the bond is held until its maturity date, expressed as an annual rate.
Duration
A measure of the sensitivity of a bond's or fixed income portfolio's price to changes in interest rates, often used to manage interest rate risk.
Modified Duration
A measure of the sensitivity of a bond's price to changes in interest rates, specifically reflecting how much the duration changes for a 1% change in yield.
Macaulay Duration
A measure of the weighted average time until a bond or fixed income portfolio's cash flows are received, used to gauge interest rate sensitivity.
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