Examlex
Which of the following is not true of instant messaging?
Current Yield
A bond's annual interest payment divided by its current price, indicating the return an investor would expect if the bond is held for a year.
Premium Bonds
Government or corporate bonds that are sold at a price above their face value due to their high credit quality or favorable interest yield.
Discount Bonds
Bonds sold for less than their face value, offering investors the difference as profit upon maturity.
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