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What is the price of a semi-annual coupon bond with six years to maturity, a par value of $1,000, coupon 8.0% (or 4.0% semi-annual) if

What is the price of a semi-annual coupon bond with six years to maturity, a par value of $1,000, coupon 8.0% (or 4.0% semi-annual) if the yield to maturity of the bond is 5.0% annually (or 2.5% for a six-month period)?

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$1,131.28

$1,153.87

$1,107.55

$1,195.83

$1,086.62

What is the bonds current yield?

Group of answer choices

6.4%

8.4%

6.7%

7.3%

7.6%

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