Examlex
Which of the following is an authorized person or company that issues and verifies digital certificates?
Price Volatility
A statistical measure of the dispersion of returns for a given security or market index, indicating how much and how quickly the value of an asset changes.
Convexity
A measure of the curvature in the relationship between bond prices and bond yields, indicating how the duration of a bond changes as the interest rate changes.
Zero-Coupon Bonds
Debt securities that are issued at a discount and redeemed at face value but do not pay interest during their lifetime.
Immunize
A strategy in finance to shield a portfolio from interest rate movements by aligning the duration of assets and liabilities, thus stabilizing its overall value.
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