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Since 1960, which of the following prior positions has been the second-most common for presidents?
Yield To Maturity
The total return anticipated on a bond if the bond is held until its maturity date, factoring in its current market price, par value, interest payments, and time to maturity.
Current Yield
The yearly earnings from interest or dividends, when divided by the security's current market price.
Capital Gains Yield
Results from changing prices and is calculated as (P1 - P0)/P0, where P0 is the beginning-of-period price and P1 is the end-of-period price.
Yield To Maturity
The total return anticipated on a bond if it is held until the end of its lifetime.
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