Today, a bond has a coupon rate of 13.3%, par value of $1000, YTM of 9.80%, 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 7 years until maturity. What is the current yield of the bond today?

A rate equal to or greater than 11.77% but less than 12.29%

A rate equal to or greater than 11.12% but less than 11.27%

A rate equal to or greater than 11.27% but less than 11.42%

A rate less than 11.12% or a rate greater than 12.29%

A rate equal to or greater than 11.42% but less than 11.77%