The current yield on a $6,000, 10 percent coupon bond selling for $5,000 is
A. 5 percent.
B. 10 percent.
C. 12 percent.
D. 15 percent.
Answer:C
The current yield on a $6,000, 10 percent coupon bond selling for $5,000 is
A. 5 percent. B. 10 percent. C. 12 percent. D. 15 percent.