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The following Bentley bond is listed in a recent issue of The Wall Street Journal: Cur Yld Close Bentley 9 31 ? 115.0 This $1,000
The following Bentley bond is listed in a recent issue of The Wall Street Journal: Cur Yld Close Bentley 9 31 ? 115.0 This $1,000 par value bond has 11 years to maturity and makes semi-annual coupon interest payments. What is the bond's current yield?
a. 5.78%
b.15.02%
c.7.02
d 78.7
e
7.83%
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