单选题
A $1000 par value, 10% semiannual, 20 - year debenture 1s currently selling for $1100. The bond's current yield is:
A、
A. 8.9%.
B、
B. 9. 1%.
C、
C. 10.0%.
【正确答案】
B
【答案解析】
Current yield = annual dollar coupon interest/bond price = $100/$1100=0.0909.
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