问题
单项选择题
A $1000 par value, 10% semiannual, 20 - year debenture 1s currently selling for $1100. The bond's current yield is:（）
A. 8.9%.
B. 9. 1%.
C. 10.0%.
答案
参考答案：B
解析：
Current yield = annual dollar coupon interest/bond price = $100/$1100=0.0909.