The current yield on a bond with a coupon rate of 7.5% currently selling at 105-½ is approximately:

The current yield on a bond with a coupon rate of 7.5% currently selling at 105-½ is approximately:

The current yield on a bond with a coupon rate of 7.5% currently selling at 105-½ is approximately:


A) 7.5%.

B) 8%.

C) 7.1%.

D) 6.5%.



Answer: C) 7.1%.


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