Question: MC Qu. 20 A bond's current yield is defined as A bond's current yield is defined as O the bond's annual coupon rate divided by

 MC Qu. 20 A bond's current yield is defined as A

MC Qu. 20 A bond's current yield is defined as A bond's current yield is defined as O the bond's annual coupon rate divided by the bond's original issue price. O the bond's annual coupon rate divided by the market interest rate. O the bond's annual coupon rate divided by the bond's par value O the bond's annual coupon rate divided by the bond's current market price. References MC Qu. 20 A bond's current yield Multiple Choice

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