Examlex
When looking at the individual level of analysis, the unmotivated approach to explain decision making includes all of the following variants except
Current Yield
The annual income (interest or dividends) divided by the current price of the security, often used to measure the return on investment for bonds.
8 ½% Bond
A bond that pays an annual interest rate of 8.5% to its holders.
Yield to Maturity
The total return expected on a bond if held until it matures, considering both interest payments and the capital gain or loss.
Bonds
Long-term notes that are bought and sold on the open market, much like stocks.
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