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Sam, a human resources manager, wants to let potential candidates know about the minimum qualifications that they should possess in order to successfully perform the jobs they have applied for. What should he do?
7% Bond
A bond that pays 7% interest annually on its face value.
Current Yield
A financial ratio that shows the annual dividend rate of a security divided by its current market price.
9% Bond
A bond that pays an annual interest rate of 9% to its holder.
Current Yield
The annual income (interest or dividends) divided by the current price of the security, often used to measure the return on investment for bonds.
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