Examlex
Which of the following traits would be LEAST likely to be "selected" by natural selection?
Bond Duration
The weighted average time until the cash flows of a bond are received, serving as an indicator of the bond's sensitivity to interest rate changes.
Coupon Rate
The annual interest rate paid by a bond issuer to its bondholders, typically expressed as a percentage of the bond's face value.
Maturity
The date on which the principal amount of a financial instrument, such as a bond or loan, becomes due and payable.
Bond Portfolios
Collections of bonds held by investors or institutions, designed to achieve certain financial goals while managing risk and return.
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