E Pate Page 5 of 5 Question 5 (1 point) The Trading Depot has $1,000 face value bonds outstanding with a market price of $980. The bonds pay interest annually, mature in 8 years, and have a yield to maturity of 7.339 percent. What is the current yield? (Hint: First, find the annual coupon amount based on the PMT button. Second, use the formula "current yield annual coupon/price" to find the answer.) 1) 7.00% 2) 7.14% 3) 7.34% O4) 7.59% Pase 5 of 5