Current Yield is the yield on a security resulting from dividing the interest payment or dividend on it by its current market price.
Current yield is an approximation of the yield to maturity that equals the yearly coupon payment divided by the price of a coupon bond.
Current yield is a bond’s annual interest expressed as a percentage of the market or purchase price.
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Adjustable-rate mortgages (ARMs) is the loans against real property whose interest rate periodically adjusts to changes in market interest rates.
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Uniform Commercial Code (UCC) is a comprehensive body of business law that encompasses various kinds of transactions.
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