Alaskan Motors has outstanding bonds that mature in 14 years and pay $32.50 every 6 months in interest. The par value is $1,000 per bond and the market value is $981. The coupon rate is _____ percent, the current yield is _____ percent, and the yield to maturity is _____ percent.
A) 6.50; 6.37; 6.67
B) 6.50; 6.63; 6.71
C) 6.50; 6.67; 6.71
D) 7.00; 6.37; 6.67
E) 7.00; 6.67; 6.71
Correct Answer:
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