Find the yield to maturity for a 15-year, 8% annual coupon rate, $1,000 par value bond if the bond sells for $1,218 currently? We assume that interest is paid on this bond annually.

		2.90%
		5.79%
		6.64%
		6.86%

calculate the bonds current yield.

		6.20%
		6.57%
		6.80%
		7.18%

calculate the bonds capital gain yield.

		-0.78%
		0.78%
		6.22%
		6.57%