A bond matures in 5 years and pays a 4.00% annual coupon. The bond has a face value of $1,000 and currently sells for $1,050. What is the bonds current yield?

a. 4.00%

b. 6.67%

c. 5.88%

d. 3.81%

Same facts as above, what is the yield to maturity of the bond ?

a. 8.17%

b. 5.53%

c. 2.91%

d. 2.50%