Search for question
Question

A bond has a coupon rate of 8.2 percent, a $1,000 par value, matures in 10 years, has a yield to maturity of 7 percent, and pays interest annually. What

is the current yield in year 2? O a. 7.61 percent O b. 8.52 percent c. 7.89 percent O d. 7.56 percent O e. 8.21 percent

Fig: 1

Fig: 2

Fig: 3

Fig: 4

Fig: 5

Fig: 6