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Also available:
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annual percentage yield
an·nu·al per·cent·age yield
noun
Definition:
effective annual rate of return:
the rate of return earned in the course of one whole year, taking compounding into account, expressed as a percentage
Encarta® World English Dictionary [North American Edition] © & (P)2009 Microsoft Corporation. All rights reserved. Developed for Microsoft by Bloomsbury Publishing Plc.
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