Examlex
If the scalar (dot) product of two vectors is negative, it means that
Bond Duration
A measure of the sensitivity of a bond's price to changes in interest rates, expressed in years.
Time To Maturity
The remaining duration until the expiration date of a financial instrument, when its principal is due to be paid to holders.
Coupon Rate
The annual interest rate paid on a bond, expressed as a percentage of the bond's face value, and paid to bondholders at specified intervals until maturity.
Coupon Bond
A bond that entitles the holder to a fixed interest payment, or coupon, periodically until the bond matures.
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