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There Are Ten Roles Common to the Work of All

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Essay

There are ten roles common to the work of all managers, and can be played at different times by the same manager. Name these roles.


Definitions:

Yield To Maturity

The total return anticipated on a bond if the bond is held until it matures, accounting for its current market price, face value, interest rate, and time to maturity.

Face Value

The original cost of a security or bond, as printed on the certificate, which does not change over time.

Coupon Rate

The interest rate specified on a bond or other fixed income security that the issuer promises to pay to the holder until maturity.

Current Yield

is the annual income (interest or dividends) divided by the current price of the security, used to assess the return of an investment.

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