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Bonds issued by Sizzle Cleaners were priced at $ 1 , 0 4 9 . 0 0 six months ago. The bonds pay semi -

Bonds issued by Sizzle Cleaners were priced at $1,049.00 six months ago. The bonds pay semi-annual coupons, have a coupon rate of 7.71%, just made a coupon payment, and have a facy value of $1,000.00. If the bonds had a percentage return over the past 6 months (from 6 months ago to today) of 8.00%, then what is the current yield of the bonds today?
7.35%(plus or minus 2bps)
7.05%(plus or minus 2bps)
3.52%(plus or minus 2bps)
3.67%(plus or minus 2bps)
none of the answers are within 2bps of the correct answer
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