7.)

Suppose a 30-year 16% coupon bond is selling at $1200, what is the coupon rate, current yield, and YTM on this bond (Assume par value is $1000 and semiannual coupons)?

		16%; 13.33%; 13.29%
		16%; 6.67%; 26.56%
		11%; 13.33% ;13.29%
		16%; 13.29%; 13.33%
		16%; 26.56%; 6.67%