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7) Sweet Sue Foods has bonds outstanding with a coupon rate of 5.56 percent paid semiannually and sell for $1,903.88. The bonds have a par
7) Sweet Sue Foods has bonds outstanding with a coupon rate of 5.56 percent paid semiannually and sell for $1,903.88. The bonds have a par value of $2,000 and 17 years to maturity. What is the current yield for these bonds? A) 5.84% B) 2.92% C) 5.56% D) 6.33% E) 5.55%
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