Examlex
Sample values of 13 monthly sales figures (in thousands of dollars)are: 6,5,6,6,7,8,9,10,10,10,9,9,and 6.
What is the mean sales figure?
____________________ thousand
Yield
The income return on an investment, such as the interest or dividends received, expressed as an annual percentage of the investment's cost or current market value.
Zero-coupon Bond
A bond that does not pay periodic interest and is sold at a discount to its face value, with the full face value repaid at maturity.
Par Value
The nominal or face value of a bond, share of stock, or other financial instrument, as stated by the issuer.
Forward Interest Rate
Rate of interest for a future period that would equate the total return of a long-term bond with that of a strategy of rolling over shorter-term bonds.
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