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Assume that today's date is April 15, 2015. Fresh Bakery Inc. bond is an annual-coupon bond. Par value of the bond is $5,000. Calculate current

Assume that today's date is April 15, 2015. Fresh Bakery Inc. bond is an annual-coupon bond. Par value of the bond is $5,000.

Calculate current yield on the bond.

The answer should be calculated to two decimal places

Company	Price	Coupon Rate	Maturity Date	YTM	Current Yield	Rating
Fresh Bakery	88.477	6.485	04-15- 2021	?	AA

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