A coupon bond pays annual interest, has a par value of $1,000, matures in four...
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Accounting
A coupon bond pays annual interest, has a par value of $1,000, matures in four years, has a coupon rate of 8.25%, and has a yield to maturity of 8.64%. The current yield on this bond is
| A. | 8.65%. | |
| B. | 8.45%. | |
| C. | 7.95%. | |
| D. | 8.36%. | |
| E. | None of the options are correct. |
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