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Q: The current yield for a bond is determined by dividing the annual income amount by the current market value. (Points : 2) True False
A: The current yield for a bond is determined by dividing the annual income amount by the current market value. TRUE.
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Asked 6/29/2012 3:53:03 AM
Updated 8/6/2015 12:36:24 PM
1 Answer/Comment
Flagged by emdjay23 [8/6/2015 12:31:26 PM], Edited by Andrew. [8/6/2015 12:36:23 PM], Unflagged by Andrew. [8/6/2015 12:36:24 PM]
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The current yield for a bond is determined by dividing the annual income amount by the current market value. TRUE.
Added 8/6/2015 12:31:25 PM
This answer has been confirmed as correct and helpful.
Confirmed by Andrew. [8/6/2015 12:36:16 PM]
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