The _________ is a bond's annual interest payment divided by its current market price.
A) yield to maturity
B) current yield
C) par value
D) coupon rate
E) market rate

Name: The _________ is a bond's annual interest payment divided by its current market price. A) yield to maturity B) current yield C) par value D) coupon rate E) market rate
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Question

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The current yield is calculated by dividing the bond's annual interest payment (coupon rate) by its current market price.

The _________ Is a Bond's Annual Interest Payment Divided by Its