Examlex
When the _____ outweigh(s) the _____ of information, people will attempt to obtain the information.
Yield-to-Maturity
The total return anticipated on a bond if the bond is held until it matures, considering all interest payments made over the life of the bond and the difference between the purchase price and the maturity value.
Marginal Tax Rate
The rate at which your last dollar of income is taxed, effectively the rate applied to each additional dollar of taxable income.
After-Tax Cost of Debt
The net cost of debt after taking into account the tax deductions available on interest payments.
Yield-to-Maturity
The total return expected on a bond if held until its maturity date, accounting for its current market price, face value, interest rate, and time to maturity.
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