Solved

The Current Yield on a Bond Fund Refers to

Question 218

Multiple Choice

The current yield on a bond fund refers to


A) the percentage increase in the fund's net asset value.
B) the return that the fund earned because of the capital appreciation of the securities in the fund.
C) the total return that the fund has earned over the most recent 12 month period.
D) the return that the fund earned based only on the interest income it received

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents