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A 1 0 - year corporate bond has an annual coupon of 1 1 . 9 % . The bond is currently selling at $

A 10-year corporate bond has an annual coupon of 11.9%. The bond is currently selling at $1,075. Which of the following statements is correct?
The bond's expected capital gains yield is 11.07%.
The bond's current yield is 11.9%.
The bond's current yield is 10.65%.
The bond's expected capital gains yield is -0.42%.
The bond's expected capital gains yield is +0.42%.
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