Answered: The dollar interest received divided by…

The dollar interest received divided by the market price of the bond is called the Group of answer choices A. current yield. B. yield to maturity. C. coupon rate. D. par value.

EBK CONTEMPORARY FINANCIAL MANAGEMENT

14th Edition

ISBN:9781337514835

Author:MOYER

Publisher:MOYER

Chapter6: Fixed-income Securities: Characteristics And Valuation

Section: Chapter Questions

Problem 9QTD

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Question

The dollar interest received divided by the market price of the bond is called the

Group of answer choices

A. current yield.

B. yield to maturity.

C. coupon rate.

D. par value.

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