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A Factual Message That Transmits Research Results,vital Recommendations,conclusions,and Other Information

question 57

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A factual message that transmits research results,vital recommendations,conclusions,and other information to the client,who in turn uses the information as a basis for decision making is known as:


Definitions:

Yield To Maturity

The expected complete return on a bond when retained through its entire lifespan.

Bond Rating

An assessment of the credit quality of a bond, typically issued by a rating agency, which indicates the likelihood of the bond issuer defaulting.

Current Yield

The annual income (interest or dividends) divided by the current price of the security, often used in context with bonds.

Coupon Rate

The interest rate paid yearly on a bond, represented as a percentage of its par value.

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