What measurement does not include any reinvestment income or price appreciation or depreciation?

Question

Quizplus · Accepted Answer

Current yield is a measurement that does not include any reinvestment income or price appreciation or depreciation. The current yield considers only the coupon component of bonds. The current yield is annual coupon payment divided by the price of bond. It is important to investors interested in income. Those investors who want high yearly income want bonds with a high current yield.

What Measurement Does Not Include Any Reinvestment Income or Price