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Moneyextra.com Dictionary
Gross Redemption Yield
Gross redemption yield is the total yield on a security including both the income expected and the capital growth for the whole of the period up to the date of maturity and eventual repayment. Gross redemption yield is calculated without making any allowance for tax liability. See Also Online share dealing service Stockmarket Centre ©Moneyextra.com Moneyextra.com recommends you take independent financial advice before acting on any article 2009-02-17 00:00:00 © Moneyextra.com