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Six months ago, a bond had a coupon rate of 1 2 . 8 0 % , par value of $ 1 0 0 0
Six months ago, a bond had a coupon rate of par value of $ YTM of and semiannual coupons. Today, the bonda s price is St and the bond has years until maturity. What was the current yield of the bond six months ago? The next coupon is due in months.
plus or minus percentage points
None of the other alteratives are within percentage points of the correct answer
plus or minus percentage pointsplus or minus percentage pointsplus or minus percentage points
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