An investor invested in a bond with a price of the bond is $8,000.00 with a coupon rate of

10.00% during the year. The current value of a bond is diminished10.00% of the face value

of the bond. Determine the current yield of the bond at the end of the year. If the YTM is

15% calculate the difference between YTM and current yield?

A. The difference between YTM and current yield is 23.89%.

B. The difference between YTM and current yield is 10.00%.

C. The difference between YTM and current yield is 6.11%.

D. The difference between YTM and current yield is 8.89%