The __________ of a bond is computed as the ratio of the annual coupon payment to the market price.
A. nominal yield
B. current yield
C. yield to maturity
D. yield to call
Answer: B
The __________ of a bond is computed as the ratio of the annual coupon payment to the market price.
A. nominal yield
B. current yield
C. yield to maturity
D. yield to call
Answer: B