뒤로Financial Accounting: Investment and Return Concepts
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이 집합의 용어 (11)
Capital Return is the gain or loss from the change in the price of an investment, excluding any income such as interest or dividends.
Par Value is the face value of a bond or stock, representing the amount paid back at maturity or the nominal value of a share.
Portfolio Return is the weighted average return of all investments in a portfolio, considering each asset's return and its portfolio weight.
Portfolio Weights are the proportions of the total portfolio value invested in each asset, used to calculate overall portfolio return.
Tip Interest refers to the interest earned on Treasury Inflation-Protected Securities (TIPS), which adjusts with inflation.
Zero Coupon Price is the present value of a zero-coupon bond, which pays no periodic interest but is sold at a discount to par value.
Average Return is the mean return over a period, calculated by summing periodic returns and dividing by the number of periods.
Bond Quotes show the price of a bond as a percentage of its par value, often quoted in points or fractions.
Taxable Equivalent Yield converts a tax-free bond yield to a taxable bond yield using the formula \(\frac{\text{Tax-Free Yield}}{1 - \text{Tax Rate}}\).
Investment Return is the total gain or loss on an investment, including income and capital gains, expressed as a percentage of the initial investment.
Current Yield is the annual income (interest or dividends) divided by the current price of the security, expressed as a percentage.