TAXABLE EQUIVALENT YIELD Definition

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TAXABLE EQUIVALENT YIELD is the yield that must be received on a taxable security to provide the holder with the same after-tax return as that earned on a tax-exempt bond or preferred stock.

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SAMPLING RISK is the possibility that conclusions drawn from the sample may not represent correct conclusions for the entire population.

DISCONTINUED OPERATIONS is the sale, disposal, or planned sale in the near future of a business segment (product line or class of customer).

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