The ________ Is the Total Number of Contracts of a Particular

question 72

Multiple Choice

The ________ is the total number of contracts of a particular option that have been written and not yet closed.

• A) mark interest
• B) open interest
• C) turnover
• D) local turnover

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Definitions:

Current Yield

The annual income return from an investment, expressed as a percentage of the current price of the security.

Bonds

Securities issued by corporations or governments that represent a loan from the investor to the issuer, typically paying periodic interest payments and returning the principal at maturity.

Maturation

The process of becoming mature, either physically, emotionally, or in the case of products and ideas, reaching a state of full development.

Yield to Maturity

The total return expected on a bond if it is held until its maturity date.