Coupon Equivalent Yield definitions

Coupon equivalent yield

True interest cost expressed on the basis of a 365-day year.
Found on http://www.encyclo.co.uk/local/20047

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Coupon Equivalent Yield

A bond featuring coupons that must be presented to the issuer in order to receive interest payments.
Found on http://www.encyclo.co.uk/local/22402

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