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Term of the Day
empirical duration
emotional neutrality
employee
Definition
A
statistical
analysis
to
determine
the
price
sensitivity
of a
bond
based on observed
market
prices and their relationship to the prevailing
yields
.
Duration
is the sensitivity of a bond to
changes
in the
yield
.
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Popular 'Bonds' Terms
bond
debt/equity ratio
security
market capitalization
finance
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surety bond
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