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QUESTION 9 One year ago, a bond had a coupon rate of 6.20%, par value of $1000, YTM of 12.60%, and semi-annual coupons. Today, the

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QUESTION 9 One year ago, a bond had a coupon rate of 6.20%, par value of $1000, YTM of 12.60%, and semi-annual coupons. Today, the bond's price is $750 and the bond has 5 years until maturity. What was the current yield of the bond one year ago? The next coupon is due in 6 months. a. 8.27% (plus or minus 0.02 percentage points) b.8.42% (plus or minus 0.02 percentage points) C. 8.36% (plus or minus 0.02 percentage points) d. 8.08% (plus or minus 0.02 percentage points) e. None of the above is within 0.02 percentage points of the correct

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