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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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