The annual interest paid on a bond relative to its prevailing market price is called its ____.
A) promised yield
B) yield to maturity
C) coupon rate
D) effective yield
E) current yield

Name: The annual interest paid on a bond relative to its prevailing market price is called its ____. A) promised yield B) yield to maturity C) coupon rate D) effective yield E) current yield
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Question

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The annual interest paid on a bond relative to its prevailing market price is called its current yield.

The Annual Interest Paid on a Bond Relative to Its