A semiannual corporate bond has a face value of $1,000, a yield to maturity of 7.2 percent, and a coupon rate of 7.5 percent. The bond matures 10 years from today. This bond:

Select one:

A. pays interest payments of $75.00 every six months.

B. has a current yield of 7.34 percent.

C. is currently quoted at a price of 101.02.

D. sells at par value.