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Tel. 780-429-6775
Fax. 780-424-0004
100, 10585 - 111 Street
Edmonton, Alberta  T5H 3E8

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glossary


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Yield - Bond & Stock

Return on an investment. A stock yield is calculated by expressing the annual dividend as a percentage of the current market price of the stock. A bond yield is a more complicated calculation, involving annual interest payments plus amortizing the difference between its current market price and par value over the life of the bond. This yield can be obtained from a bond yield table or from a computer.

Yield Curve

The relationship among the yields of bonds of the same quality but different maturities.


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