Examlex
The AD curve is derived by adding up demand curves for all goods and services.
Modified Duration
A measure of the sensitivity of a bond's price to changes in interest rates, indicating the percentage change in price for a one percent change in yield.
Yield To Maturity
The total return anticipated on a bond if it is held until its maturity date.
Semiannually
A term indicating that an event or action occurs twice a year.
Capital Gain
The profit earned from the sale of an asset when its selling price exceeds its purchase price.
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