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Use the bond's terms below to answer the question. Maturity 5 years Coupon Rate 3% Face value $1,000 Annual Coupons YTM 5% Assuming the YTM

Use the bond's terms below to answer the question. Maturity 5 years Coupon Rate 3% Face value $1,000 Annual Coupons YTM 5% Assuming the YTM remains constant throughout the bond's life, what is the bond's current yield between periods 3 and 4? 0 3.12% 3.06% 2.97% 3.21%

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