Today, a bond has a coupon rate of 12.5%, par value of $1000, YTM of 9.50%, and semi-annual coupons with the next coupon due in 6 months. One year ago, the bond's price was $1,281.05 and the bond had 4 years until maturity. What is the current yield of the bond today?

O A rate equal to or greater than 11.29% but less than 11.42% O A rate equal to or greater than 11.76% but less than 12.07%

• A rate equal to or greater than 11.42% but less than 11.53%
• A rate equal to or greater than 11.53% but less than 11.76%
• A rate less than 11.29% or a rate greater than 12.07%