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What Factor Dominates All Other Factors in Determining Promotability

question 68

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What factor dominates all other factors in determining promotability?


Definitions:

Yield To Maturity

The total return anticipated on a bond if the bond is held until it matures, considering all payments and interest.

Semi-Annual Interest

Interest on a loan or security that is calculated and paid twice a year, often resulting in a compounding effect on the total interest earned or owed.

Coupon Bonds

Bonds that pay periodic interest payments to the holder based on a fixed interest rate (the coupon rate) until maturity, at which point the principal is repaid.

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