The Current Yield (CY)is

question 58

Multiple Choice

The current yield (CY) is:

• A)The ratio of the semi-annual coupon interest divided by the bond's maturity value.
• B)The ratio of the semi-annual coupon interest divided by the bond's current market price.
• C)The ratio of the annual coupon interest divided by the bond's current market price.
• D)The ratio of the annual coupon interest divided by the bond's maturity value.

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Definitions:

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