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9-18 For a given maturity fixed-income asset,duration decreases as the market yield increases.
Long-Term Debt
A financial obligation that is due for repayment in more than one year's time.
ROE
Return on Equity (ROE) is a measure of a corporation's profitability that reveals how much profit a company generates with the money shareholders have invested.
Total Assets Turnover
A financial ratio that measures the efficiency of a company's use of its assets to generate sales revenue.
Equity Multiplier
A measure of a company's financial leverage, calculated by dividing its total assets by total stockholders' equity.
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