The current yield on a coupon bond is the bond’s _________ divided by its _________.
A. annual coupon payment; price
B. annual coupon payment; face value
C. annual return; price
D. annual return; face value
Answer:A
The current yield on a coupon bond is the bond’s _________ divided by its _________.
A. annual coupon payment; price
 B. annual coupon payment; face value
 C. annual return; price
 D. annual return; face value
