A bond's current yield is defined as

Group of answer choices

$($Bond$\text{'}$s coupon payment$)/($bond$\text{'}$s market price$)$

$($Bond$\text{'}$s coupon payment$)$ x $($bond$\text{'}$s market price$)$

$($Bond$\text{'}$s coupon payment$)/($market interest rate$)$

$($Bond$\text{'}$s coupon payment$)/(1+$ market interest rate$)$