A semi$-$annual coupon Corporate bond is priced at $$859\mathrm{.}40.$ This bond has $16$ years until maturity with a coupon rate of $5\%.$ What is the current yield on this bond? $($Assume Face value of the bond $=$ $$1,000)$

USE AT LEAST $4$ DECIMAL PLACES for your calculations.

A semi$-$annual coupon Corporate bond is priced at $$859\mathrm{.}40.$ This bond has $16$ years until maturity with a coupon rate of $5\%.$ What is the current yield on this bond? $($Assume Face value of the bond $=$ $$1,000)$

USE AT LEAST $4$CAL wvwvwvwv for your calculations.

$5\mathrm{.}20\%$

$5\mathrm{.}82\%$

$5\mathrm{.}67\%$

$4\mathrm{.}94\%$