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MAG's bonds currently sell for $1,100. They have a 6-year maturity, an annual coupon of $85, a par value of $1,000 and can be called
MAG's bonds currently sell for $1,100. They have a 6-year maturity, an annual coupon of $85, a par value of $1,000 and can be called in 10 years at $1,200. What is their current yield? Select one: O a. 6.43% O b. 4.61% O c. 7.72% O d. 8.43%
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