Examlex
Which of the following is not an appropriate use of the PCL-R?
Yield To Maturity
The total return anticipated on a bond if the bond is held until its maturity date, including both interest payments and capital gains.
Annual Coupon
The annual interest payment made to bondholders, typically expressed as a percentage of the bond's face value.
Par Value
A nominal value assigned to a share of stock or bond that is typically printed on the face of the certificate.
Market Yield
The return on investment for a security currently traded in the market, often referring to bonds and calculated by considering the annual interest payments and the market price.
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