The ______ Is a Measure of the Average Rate of Return

question 21

Multiple Choice

The ______ is a measure of the average rate of return an investor will earn if the investor buys the bond now and holds until maturity.

• A) current yield
• B) dividend yield
• C) P/E ratio
• D) yield to maturity
• E) discount yield

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Definitions:

Downward Communication

Messages sent from the upper levels of the organizational hierarchy to the lower levels.

Organizational Hierarchy

A structured arrangement in an organization that ranks positions in a linear or vertical manner, from lowest to highest, based on authority and responsibility.

Upper Levels

Refers to the senior ranks or higher echelons within an organizational hierarchy.

Active Listening

The practice of fully concentrating, understanding, responding, and remembering what is being said in a conversation.