What is the current yield of a AT&T 8 10 88.5?
A) 8%
B) 10%
C) 9%
D) 11.3%

Name: What is the current yield of a AT&T 8 10 88.5? A) 8% B) 10% C) 9% D) 11.3%
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Quizplus · Accepted Answer

The current yield of a bond is calculated by dividing the annual interest payment by the bond's current market price. For AT&T 8 10 88.5, the annual interest payment is 8 (assuming this is the interest rate in percentage), and the current market price is 88.5. Therefore, the current yield = (8 / 88.5) * 100 = 9.04%, which rounds to 9%.

What Is the Current Yield of a AT&T 8 10