Question 32 of 50 > -12 ill View Policies Current Attempt in Progress John recently purchased a bond for $1390. The bond has a par value of $1000 and a coupon rate of 7.00%. Based on this information, you know that John's current effective interest rate earned on the bond is and when the bond matures he will receive O 5.04%: $1000 O 7.00%; $1390. O 7.00%; $1000. O 5.04%; nothing. Save for Later Attempts: 0 of 1 used Submit Answer @ 19 dtv W