Examlex
The compounding frequency for an interest rate defines
GICs
Guaranteed Investment Certificates, a type of Canadian investment that offers a guaranteed rate of return over a fixed period of time.
Compounded Annually
Interest on an investment calculated once a year, taking into account both the initial principal and the interest from previous periods.
Maturity Value
The amount payable to an investor at the end of a bond's term or at the time of maturity, including both the principal and interest.
Income Yield
A financial ratio that shows how much a company pays out in dividends each year relative to its stock price.
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