Calculate the annual interest and current yield for the bond, rounding decimals to hundredths and percents to the nearest tenth. $$\begin{array} { l l l l l }
& \text { Coupon } & \text { Annual } & \text { Market } & \text { Current } \
\text { Company } & \text { Rate } & \underline { \text { Interest } } & \underline { \text { Price } } & \text { Yield } \
\text { King Corp. } & 7.375 & & 86.125 &
\end{array}$$

Question

Calculate the annual interest and current yield for the bond, rounding decimals to hundredths and percents to the nearest tenth. $$\begin{array} { l l l l l } 
& \text { Coupon } & \text { Annual } & \text { Market } & \text { Current } \
\text { Company } & \text { Rate } & \underline { \text { Interest } } & \underline { \text { Price } } & \text { Yield } \
\text { King Corp. } & 7.375 & & 86.125 &
\end{array}$$

Quizplus · Accepted Answer

The Answer of Calculate the annual interest and current yield for the bond, rounding decimals to hundredths and percents to the nearest tenth. $$\begin{array} { l l l l l } 
& \text { Coupon } & \text { Annual } & \text { Market } & \text { Current } \
\text { Company } & \text { Rate } & \underline { \text { Interest } } & \underline { \text { Price } } & \text { Yield } \
\text { King Corp. } & 7.375 & & 86.125 &
\end{array}$$

Calculate the Annual Interest and Current Yield for the Bond