Examlex
David wants to use the most secure form of authentication at his office. Which of the following should he use?
Current Yield
Current yield is the annual income (interest or dividends) divided by the current price of the security.
Coupon Rate
The percentage of interest returned by a bond annually, measured against its face value.
Yield To Maturity
Yield to maturity is the total return anticipated on a bond if it is held until its maturity date, including all interest payments and the repayment of principal.
Coupon Rate
Yearly interest payment on a bond, specified as a percentage of its listed value.
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