Examlex
Suppose x grows at a rate of percent and y grows at a rate of
Percent. If z = x * y, then z grows at ________ percent; if z =x/y, z grows at ________ percent.
Semi-Annually
Occurring or done twice a year, typically every six months.
Face Value
The nominal or dollar value stated on a security or financial instrument, such as a bond or stock, representing its worth at issuance or par value.
Interest Rate Risk
The risk of investment value changes due to variations in the level of interest rates.
Zero-Coupon
A bond that does not pay periodic interest and is issued at a substantial discount from its face value.
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