Massively Micro Systems issued a 25-year bond five years ago, that is, the bond has 20 years to maturity. The bond has a par value of $1,000 with a 5% coupon, paid annually. If investors are willing to pay $725,000 for the bond today, what is the current yield for Massively Micro's bond issue?

A. 12.46%

B. 11.52%

C. 7.75%

D. 6.90%

E. 5.00%

What yield to maturity is for Massively Micro System's bond offering?

A. 12.46%

B. 11.52%

C. 7.75%

D. 6.90%

E. 5.00%

What is the price in one year for Massively Micro System's bond?

A. $781.19

B. $775.02

C. $744.94

D. $738.78

E. $731.18