Asked by Alexandra Rosen on May 12, 2024
Verified
Which of the following items does NOT generally appear in The National Post corporate bond quote?
A) Current yield.
B) Price.
C) Yield to maturity.
D) Coupon rate.
E) Maturity date.
Corporate Bond Quote
The price information and yield on a corporate bond as quoted in the financial markets.
Current Yield
Current yield is the annual income (interest or dividends) earned from an investment, expressed as a percentage of the current market price of the investment.
- Understand the anatomy and elements of a bond, distinguishing among face value, market price, clean price, and dirty price.
Verified Answer
AC
Asisipho CenganiMay 17, 2024
Final Answer :
A
Explanation :
Current yield is not typically listed in The National Post's corporate bond quotes. The other options, such as price, yield to maturity, coupon rate, and maturity date, are standard information provided in bond quotes. Current yield is a calculation based on the bond's price and its coupon payments, which can be derived from the listed information but is not directly quoted.
Learning Objectives
- Understand the anatomy and elements of a bond, distinguishing among face value, market price, clean price, and dirty price.