Assume that the value of the bond is $1,000. Calculate the current yield of the bond.

issue volume 500,000,000

currency USD

issue price 99.77

issue date 5/16/2016

coupon 2.450%

quotation type 1000

payment type regular interest

maturity date 6/15/2026

coupon payment date 12/15/2020

No. of payments per year 2.0

coupon start date 12/15/2016

final coupon date 6/14/2026

floater? no

Reference:

https://markets.businessinsider.com/bonds/starbucks_corpdl-notes_201616-26-bond-2026-us855244ak58