XYZ corporation's common stock is selling today at $40 per share; the company pays quarterly dividends of $2 per share. Thus, the stock's current yield is 5 percent.
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Q9: Dealers in securities quote a bid price
Q10: The spread between bid and asked prices
Q11: The interest rate charged on a loan
Q12: If a bond carries a coupon of
Q13: The coupon rate is a useful measure
Q15: The current yield reflects the terminal (selling
Q16: The yield to maturity on a security
Q17: The yield-to-maturity formula takes account of receipts
Q18: Yield to maturity is based upon par
Q19: The yield-to-maturity measure assumes the investor can
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