The Total Expected Future Yield on a Bond Consists of A(n)____

question 76

Multiple Choice

The total expected future yield on a bond consists of a(n) ____ yield which is usually positive and a(n) ____ yield which can be positive or negative.

• A) current;interest
• B) capital gain;current
• C) interest;current
• D) interest;capital gain

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Definitions:

Destination

A place to which a person or thing is going or being sent.

Agreed-On Remedy

A pre-determined solution or compensation for breach of contract that parties consent to during the formation of a contract.

UCC

Refers to the Uniform Commercial Code, a comprehensive set of laws governing commercial transactions in the United States.

Destination Contract

A contract specifying that the seller will bear the cost and risk of the goods until they are delivered to a specific location.