Examlex
Discuss the pros and cons of using drainage pipes for agricultural fields.
Price Sensitive
Pertaining to stocks or securities that are highly responsive to changes or news in the market, affecting their price movements.
Zero-Coupon Bond
A debt security that does not pay interest (coupon) but is traded at a deep discount, rendering profit at maturity when the bond is redeemed for its full face value.
Yield to Maturity
The total return anticipated on a bond if the bond is held until it matures, reflecting interest payments and price changes.
Price Yield Curve
A graph that shows the relationship between the yield of bonds and their maturities, illustrating how interest rates affect bond prices.
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