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The annual coupon on a typical US corporate bond is $65. The bond's most recent closing price is $1,174.62. What is the current rate? This

The annual coupon on a typical US corporate bond is $65. The bond's most recent closing price is $1,174.62. What is the current rate? This depends on finding the YTM, which isn't given. 6.50% None of the answers here are correct. 5.53%
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The annual coupon on a typical US corporate bond is $65. The bond's most recent closing price is $1,174,62. What is the current rate? This depends on finding the YTM, which isn't given. 6.50% None of the answers here are correct. 5,53%

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