Examlex
There are ____________________ pairs of lumbar spinal nerves and ____________________ pairs of sacral spinal nerves, and they supply the ____________________.
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.
Convexity
A measure of the curvature in the relationship between bond prices and bond yields that demonstrates how the duration of a bond changes as the interest rate changes.
Modified Duration
A measure that estimates the price sensitivity of a bond to a one percent change in interest rates, adjusting for the changing yield to maturity.
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