A bond with face value P10,000 has a semiannual coupon rate of 6%. With a time to maturity of 3 years, the bond is sold for P10,500. What is the current yield of the buyer? 5.71% 5% 6% 5.55% On issue date, Eric bought a bond offered with the following details. For simplicity, assume that coupons are tax-free. Issuer 16888 Corporation Par Value P10,000 Tenor 5 years Coupon Rate 5.2% p.a. Coupon Payment every 3 months Issue Date December 10, 2018 Maturity Date December 10, 2023 If Eric sells the bond on December 10, 2020 at P10,100, what would be the current yield of the buyer? 5.15% 5.2% 5.25% 5.3%