A bond with an annual coupon rate of 5.4% and face value of $1,000 sells for $970. What is the bond's current yield?

(HW 3-11) A semi-annual coupon bond with a 6% coupon rate has a par value of $1,000, matures in 5 years, and is selling today at $1,041.07. The yleld to maturity on this bond is 5.06% (HW 3-12) A 30-year maturity, 8% coupon bond paying coupons semiannually is callable in five years at a call price of $1,100. The bond currently sells at a yield to maturity of 7% and has a par value of $1,000. What is its yield to call? 0.0674 (HW 3-13) A bond with an annual coupon rate of 5.4% and face value of $1,000 sells for $970. What is the bond's current yield? 0.0639