Examlex
________ ratio indicates that a firm will be able to meet interest obligations due on outstanding debt.
Quoted Price
The last price at which a security or commodity traded, often used as a reference to gauge market value.
Current Yield
The annual income (interest or dividends) divided by the current price of the security.
Semiannually
Occurring twice a year; typically every six months.
Subordinated Debt
A class of debt that is ranked below other debts with regard to claims on assets or earnings in the event of a liquidation of the issuer.
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