Examlex
During a period of inflation:
Zero-coupon Bond
A type of bond that does not pay interest during its life but is sold at a discount and matures at its face value.
Maturity
The date on which the principal amount of a loan, bond, or other financial instrument becomes due and payable.
Arbitrage
The practice of buying and selling equivalent assets in different markets to take advantage of a price difference.
Law of One Price
An economic theory that states that in efficient markets, identical goods must have only one price when prices are expressed in a common currency, absent any transaction costs and tariffs.
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