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What are some drawbacks of term life insurance?
10 ½% Bond
A bond that pays an annual interest rate of ten and a half percent of its face value.
Yield To Maturity
The total return anticipated on a bond if it is held until its maturity date.
8 ½% Bond
A bond that pays an annual interest rate of 8.5% on its face value.
Current Yield
The annual income (interest or dividends) divided by the current price of the security, typically used for bonds.
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