Annual interest/closing price = ________.

Question

Quizplus · Accepted Answer

A)Current yield is equal to the coupon divided by the current market value. When the market value goes down, the yield goes up, and vice versa.
B)Current yield is equal to the coupon divided by the current market value. When the market value goes down, the yield goes up, and vice versa.
C)Current yield is equal to the coupon divided by the current market value. When the market value goes down, the yield goes up, and vice versa.
D)Current yield is equal to the coupon divided by the current market value. When the market value goes down, the yield goes up, and vice versa.
E)Current yield is equal to the coupon divided by the current market value. When the market value goes down, the yield goes up, and vice versa.

Annual Interest/closing Price = ________