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Current Yield
The annual return of a bond, expressed as a percentage of its current market price.
6 ¾% Bond
A debt security issued with an interest rate of six and three-quarters percent, denoting the annual return to investors.
Current Yield
A financial ratio that measures the annual income (interest or dividends) from an investment as a percentage of the current price of the security.
10 ½% Bond
A bond that pays an annual interest rate of 10.5% to its holder.
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