Current yield
Current yield (alternatively known as current yield on a bond). The annual coupon payment divided by the current market price.
Definitions
According to Financial Management Theory and Practice by Eugene F. Brigham and Michael C. Ehrhardt (13th edition),
- Current yield (current yield on a bond). The annual coupon payment divided by the current market price.
Related concepts
- Financial management. A combination of enterprise efforts undertaken in order to procure and utilize monetary resources of the enterprise.