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A semi-annual coupon bond with six years to maturity, a par value of $1,000, coupon 8.0% (or 4.0% semi-annual) is currently priced at $1,050. What

A semi-annual coupon bond with six years to maturity, a par value of $1,000, coupon 8.0% (or 4.0% semi-annual) is currently priced at $1,050. What is the bonds current yield?

Group of answer choices

6.7%

7.6%

7.3%

8.4%

6.4%

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