The outstanding bonds of ABC Inc. mature in 8 years and pay semiannual interest payments of $42.50 per each $1,000 face value bond. The bonds are currently selling for $972.40. The coupon rate is ________, current yield is ________ and the yield-to-maturity is ________.
A) 8.50%; 8.74%; 8.99%
B) 8.50%; 8.76%; 9.01%
C) 8.50%; 8.81%; 9.07%
D) 8.75%; 8.91%; 8.99%
E) 8.75%; 8.94%; 9.01%
Correct Answer:
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