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    Exam 14: Bond Prices and Yields
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    The Current Yield on a Bond Is Equal to
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The Current Yield on a Bond Is Equal to

Question 1

Question 1

Multiple Choice

The current yield on a bond is equal to


A) annual interest payment divided by the current market price.
B) the yield to maturity.
C) annual interest divided by the par value.
D) the internal rate of return.
E) None of the options are correct.

Correct Answer:

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