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The Procter & Gamble Company offers a bond which pays a coupon of 17 percent with semiannual payments. The bonds have a vield to maturitv

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The Procter \& Gamble Company offers a bond which pays a coupon of 17 percent with semiannual payments. The bonds have a vield to maturitv of 1378 nercent and they moture in 10 years. If the bonds have a face value of $5,000 what is the current yield of the bond? 29.01% 17.00% titson. 7.25%

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