Examlex
During the _____________ phase of the writing process, the writer will research, organize, and compose the message.
Time Horizon
The length of time an investor expects to hold an investment before taking money out.
Bond Portfolio Immunization
A strategy to minimize the impact of interest rate fluctuations on the market value of a bond portfolio by matching the portfolio's duration with the investor’s investment horizon.
Price Risk
The risk that the price of a financial asset will fluctuate, affecting the profit or loss of an investment.
Reinvestment Risk
The risk that future proceeds will have to be reinvested at a lower potential interest rate.
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