The_________ Is the Annual Rate of Interest Earned on a Security

question 128

Multiple Choice

The_________ is the annual rate of interest earned on a security purchased on a given date and held to maturity.

• A) yield curve
• B) term structure
• C) risk-free rate
• D) yield to maturity

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Definitions:

Fleet National Bank

A former financial institution in the United States that was merged into Bank of America in 2004.

Forgery

The illegal act of creating, altering, or imitating objects, documents, or signatures with the intent to deceive or defraud.

Improper Presentment

Refers to the incorrect or invalid presentation of a document or piece of evidence in a legal proceeding.

On Time

The state of completing or arriving at a specified action or event at the scheduled or expected time.