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3. The annual interest payment divided by the current price of a bond is called the: A. coupon rate. B. current yield. C. yield-to-maturity. D.

3.
The annual interest payment divided by the current price of a bond is called the:
A.
coupon rate.
B.
current yield.
C.
yield-to-maturity.
D.
yield-to-market.
E.
market yield.

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