Calculation of the returns earned on a high-yield security should include the sale price of the bond as well as the interest received.

Question

Quizplus · Accepted Answer

The total returns on a high-yield security, such as a bond, include both the interest payments received over the holding period and any capital gains or losses realized from the difference between the purchase price and the sale price of the bond.

Calculation of the Returns Earned on a High-Yield Security Should