Examlex
Identify the direction of the change during a recession in each of the following: consumption expenditures, investment expenditures, and unemployment.
Yield To Maturity
The total return anticipated on a bond if the bond is held until it matures.
Duration
A measure of the sensitivity of the price of a bond or other fixed-income investment to changes in interest rates, typically expressed in years.
Basis Points
Basis Points are a unit of measure used in finance to describe the percentage change in the value or rate of a financial instrument, with one basis point being 1/100th of 1%.
Yield To Maturity
The total return anticipated on a bond if it is held until it matures, including all interest payments and repayment of principal.
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