• Is the phenomenon that as time passes, the price of a credit instrument in good standing moves towards its par value. The nearer to maturity the greater the influence because the security will only pay out the stated principal amount.
Teaching Children the Financial Facts of Life: Showing the importance of saving, spending wisely and sharing with others More...
Nearly all men can stand adversity, but if you want to test a man's character, give him power. - Abraham Lincoln
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