Question: How is the current yield for a bond calculated? a.The stated interest payment is divided by the current price of the bond. b.The market interest

How is the "current yield" for a bond calculated?

a.The stated interest payment is divided by the current price of the bond.

b.The market interest rate is multiplied by the stated rate of the bond.

c.The stated interest payment is multiplied by the current price of the bond.

d.The effective interest rate is divided by the par value of the bond.

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