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Before 1990, virtually all _____ Americans were descended from people brought involuntarily to the United States before the end of the slave trade.
Rate Anticipation Swap
A switch made between bonds of different durations in response to forecasts of interest rates.
Portfolio Duration
A measure of the sensitivity of a portfolio's value to changes in interest rates, often used for managing the interest rate risk.
Interest Rates
The expense associated with obtaining a loan, or the incentive for depositing funds, usually shown as a percentage of the original amount.
Zero-Coupon Bond
A bond that does not pay periodic interest payments but is issued at a deep discount from the face value and is redeemed at the face value at maturity.
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Q48: _ is a strategy of leaving juvenile