A $1,000 par value bond is currently valued at $1,033.53. The bond pays interest semi-annually, has 6 years to maturity, and has a yield to maturity of 7.3 percent. The coupon rate is _____ percent and the current yield is _____ percent.
A) 6.80; 7.21
B) 8.00; 7.74
C) 8.00; 7.81
D) 8.50; 8.22
E) 8.50; 8.30
Correct Answer:
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