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If a 3% coupon bond is trading for $786.00 , it has a current yield of: a) 3.81% . b) 7.24% . c) 8.53% .

If a

3%

coupon bond is trading for

$786.00

, it has a current yield of:\ a)

3.81%

.\ b)

7.24%

.\ c)

8.53%

.\

3%

coupon\ d)

7.18%

\ Tradus for 786,0

image text in transcribed
If a 3% coupon bond is trading for $786.00, it has a current yield of: a) 3.81%. b) 7.24%. c) 8.53%. 3% conpon d) 7.18%

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