Today, a bond has a coupon rate of 14.0%, par value of $1000, YTM of 8.50%, 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 7 years until maturity. What is the current yield of the bond today?

Today, a bond has a coupon rate of 14.0%, par value of $1000, YTM of 8.50%, 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 7 years until maturity. What is the current yield of the bond today? A rate equal to or greater than 10.76% but less than 10.90% A rate equal to or greater than 11.62% but less than 1255% A rate equal to or groslor than 1090% but less than 1104% A rate less than 1076% or a rate greater than 1255% A rate equal to or groater than 1104% but less than 1162%