In the context of bonds, the current yield expresses a bond's interest payment as a percentage of the bond's present market price rather than its par value.

Name: In the context of bonds, the current yield expresses a bond's interest payment as a percentage of the bond's present market price rather than its par value.
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The Answer of In the context of bonds, the current yield expresses a bond's interest payment as a percentage of the bond's present market price rather than its par value.

In the Context of Bonds, the Current Yield Expresses a Bond's