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A bond has a yield to maturity of 4.5 percent, a 6.5 percent annual coupon, a $1,000 face value, and a maturity date 5 years

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A bond has a yield to maturity of 4.5 percent, a 6.5 percent annual coupon, a $1,000 face value, and a maturity date 5 years from today. What is the current yield? (assume annual compounding) 2.99 percent 3.61 percent 5.61 percent 5.98 percent 7.21 percent

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