Examlex
Katz describes human skill as
Yield To Maturity
The expected total yield from a bond assuming it is retained until the end of its term, accounting for all interest earnings and the return of the initial investment.
Market Yield
The current annual income return of an investment divided by the present market price.
Zero-Coupon Bonds
Bonds that do not pay periodic interest payments and are sold at a discount from their face value.
Market Price
The current price at which an asset or service can be bought or sold on the open market.
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