Measuring Investment Performance - Finra …
The yield for a bond based on its price in the secondary market is known as the bond’s . current. yield. For instance, a bond with a par value of $1,000 with a 6 percent coupon rate might be sold in the market at a current yield of 5 percent. The bond itself keeps paying 6 percent of $1,000 every year, or $60. ................
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