A bond with a coupon rate of $6\mathrm{.}5\%($assume it is paid once annually$),$ maturing in $10$ years at a value of $$1,000$ and a current market price of $$695,$ will have a current yield of

Multiple Choice

$10\mathrm{.}2\%.$

$8\mathrm{.}5\%.$

$9\mathrm{.}4\%.$

$11\mathrm{.}3\%.$