Examlex
Why is the peppered moth an excellent example of directional selection?
Market Yield
Market yield refers to the current rate of return anticipated on a bond if held to maturity, factoring in both its price and interest payouts compared to the market's interest rates.
Interest-Rate Sensitivity
The degree to which the price of an investment, often a bond, responds to changes in interest rates.
Bond Prices
The market value of bonds, which inversely fluctuates with interest rates: when rates go up, bond prices fall, and vice versa.
Coupon Rate
The yearly interest rate yielded by a bond, shown as a percent of its nominal value.
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