The ratio of the interest rate payable on a bond to the actual market price of the bond, stated as a percentage. For example, a bond with a current market price of $1,000 that pays $80 per year would have a current yield of 8%.
Don’t Make the Same Mistakes Over and Over Again
In the spirit of Groundhog Day and the movie, our Director’s Take article highlights what mistakes NOT to make over and over again when making investment decisions.
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