The outstanding bonds of International Plastics mature in 4 years and pay semiannual interest payments of $32.50 on a $1,000 face value bond. The bonds are currently selling for $1,008.64. The coupon rate is _____ percent, the current yield is _____ percent, and the yield to maturity is _____ percent.
A) 6.50; 6.44; 6.25
B) 6.50; 6.56; 6.75
C) 6.44; 6.50; 6.75
D) 6.75; 6.56; 6.50
E) 6.75; 6.81; 6.95
Correct Answer:
Verified
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