Examlex
If buyers discriminate against women and minorities,
i.the value of marginal product of women and minorities is less than otherwise.
ii.the wage rate paid to women and minorities is less than otherwise.
iii.more women and minorities are hired than otherwise.
Yield To Maturity
the total return anticipated on a bond if the bond is held until it matures, considering both interest payments and capital gain.
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.
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