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2 pts Question 6 What is the current yield and the effective annual yield of the bond with the following characteristics? 6.4% Annual coupon rate

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2 pts Question 6 What is the current yield and the effective annual yield of the bond with the following characteristics? 6.4% Annual coupon rate Coupons per year Face value 2 $100 YTM 7.42% Bond Market Price $90 Current Yield = 7.11%; Effective annual yield=7.55% Current Yield = 6.99%; Effective annual yield=7.87% Current Yield = 7.55%; Effective annual yield=7.11% Current Yield - 7.87%; Effective annual yield=6.99%

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