Alaskan Motors has outstanding bonds that mature in 13 years and pay $34.50 every 6 months in interest. The par value is $1,000 per bond and the market value is $990. The coupon rate is ________%, the current yield is ________%, and the yield to maturity is ________%.
A) 6.90; 6.57; 6.67
B) 6.90; 6.73; 6.71
C) 6.90; 6.97; 7.02
D) 7.00; 7.37; 7.07
E) 7.00; 7.67; 7.21
Correct Answer:
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