A Bond Has a $1,000 Par Value, Semiannual Interest Payments

A bond has a $1,000 par value, semiannual interest payments of $45, and a current market value of $1,045. The bonds mature in 11.5 years. The coupon rate is ________%, the current yield is ________%, and the yield to maturity is ________%.

A) 9.00; 8.61; 8.38
B) 9.00; 8.72; 8.64
C) 9.00; 8.59; 8.33
D) 9.50; 8.87; 8.73
E) 9.50; 9.12; 9.19

Correct Answer:

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