Money & Bank MCQ
MB Chapter 4
The ________ is defined as the payments to the owner plus the change in a security's value expressed as a fraction of the security's purchase price.
The ________ is defined as the payments to the owner plus the change in a security's value expressed as a fraction of the security's purchase price.
The ________ is defined as the payments to the owner plus the change in a security's value expressed as a fraction of the security's purchase price.
A) yield to maturity
B) current yield
C) rate of return
D) yield rate
Answer: C
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