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According to Roosevelt Thomas, it is a mistake to assume that affirmative action __________ the desire of minorities to assimilate into the workforce.
Coupon Rate
Each year, the interest rate given on a bond calculated as a percentage of its nominal value.
Duration
A measure of the sensitivity of the price of a bond or other debt instrument to a change in interest rates, expressed in years.
Interest Rate Risk
The potential for investment losses due to fluctuations in interest rates, affecting the value of interest-bearing assets.
Default Risk
The possibility that a borrower will fail to meet the obligations of a debt agreement.
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