Question
The current yield on a bond is measured by ________. the annual interest payment divided by the current price the annual interest payment divided by
The current yield on a bond is measured by ________.
the annual interest payment divided by the current price | ||
the annual interest payment divided by the par value | ||
the annual interest payment divided by the maturity value | ||
the annual interest payment divided by the yield to maturity |
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Financial Theory and Corporate Policy
Authors: Thomas E. Copeland, J. Fred Weston, Kuldeep Shastri
4th edition
321127218, 978-0321179548, 321179544, 978-0321127211
