A Labor Union Is a Group of

question 101

Multiple Choice

A labor union is a group of

• A)employees who join together to improve their working conditions
• B)firms that join together to hire workers
• C)firms that work together to negotiate better prices in the market
• D)farmers who work together to receive better prices for their agricultural products
• E)workers and firm owners who join together to improve working conditions

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Definitions:

Current Yield

The annual income (interest or dividends) divided by the current price of the security, expressed as a percentage.

Yield to Maturity

The total return anticipated on a bond if held until it matures, including both interest payments and the appreciation or depreciation of the bond's value.

Coupon Rate

The interest rate stated on a bond or other fixed income security that the issuer promises to pay annually or semi-annually.

Callable Bonds

Bonds that can be redeemed by the issuer before their maturity date, at a specified call price.