What is Bond Duration?

As defined, bond duration “is the sensitivity of a bond’s price to changes in interest rates.” Many investors confuse...
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SPACs - A Blank Check

Here is a blank check. Go ahead, take it. Fill in whatever amount you want. I am not interested in the details (if there...
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What are BDCs?

Business Development Companies or BDCs are investment companies, formed pursuant to the Small Business Investment...
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What is GDP?

Gross Domestic Product or GDP is defined as “the market value of all final goods and services produced within a country...
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