Question: 1 . The current yield is defined as the: A . interest payment divided by the par value. B . annual coupon divided by the
The current yield is defined as the:
A interest payment divided by the par value.
B annual coupon divided by the face amount.
C semiannual coupon divided by the face amount.
D semiannual coupon divided by the market price.
E annual coupon divided by the market price.
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