Françoise Clementi

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accrued interest

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Running yield is the annual income on an investment divided by its current market value. Running yield is a calculation that divides the income from dividends (for stocks) or coupons (for bonds) by the market price of the security; the value is expressed as a percentage. «Running» refers to a continuous investment, such as a bond held to maturity. https://www.investopedia.com/terms/r/runningyield.asp

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