Question

The current yield on a bond is calculated to find the return on a bond. How is current yield calculated?

A Dividing the Coupon interest with the Face Value of the bond
B Dividing the Coupon interest with the Redemption Value of the bond
C Dividing the Coupon interest with the Market Value of the bond
D Finding the rate at which the PV of Cash inflows equates to the PV of the cash outflow
E None of the above
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