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QUESTION
A 10% coupon bond that matures in 9 years is selling for $915. What is the bond's: current yield and ytm?
- A 10% coupon bond that matures in 9 years is selling for $915. What is the bond's: current yield and ytm?
A. Current yield=10.93%; YTM=11.54%
B. Current yield=11.54%; YTM=10.93%
C. Current yield=10.00%; YTM=11.34%
D. Current yield=11.34%; YTM=10.00%
