What is Current Yield? | SIE, SERIES7 Exam Prep

Current yield is a bond's annual interest payment divided by its current market price, expressing the income return as a percentage without accounting for capital gains or losses. 📚 Learn more about Current Yield and other key terms for your SIE, SERIES7 exam at Open Exam Prep. 🎯 This term appears on: SIE, SERIES7 🔗 Full glossary: https://www.open-exam-prep.com/glossary 🔗 Current Yield definition: https://www.open-exam-prep.com/glossary/current-yield 💡 Exam Tip: Current Yield = Annual Interest divided by Market Price. At discount: Coupon less than CY less than YTM. At premium: Coupon greater than CY greater than YTM. --- #securities #examprep #financeexam #sie #series7