Examlex
The maximal growth rate of a population is called its
Yield To Maturity
The total return anticipated on a bond if the bond is held until it matures, considering all payments of principal and interest.
Duration
A measure of the sensitivity of a bond's price to changes in interest rates, representing the weighted average of the time until a bond's cash flows are received.
Basis Points
A unit of measure used in finance to describe the percentage change in the value or rate of a financial instrument, where one basis point is equal to 1/100th of 1%.
Modified Duration
A measure of the sensitivity of a bond's price to changes in interest rates, adjusted to account for changes in yield.
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