Question: 10 QUESTION 4 Based on your risk assessment, your required rate of return is 9 percent for a bond you own. It has 10 years

10 QUESTION 4 Based on your risk assessment, your required rate

10 QUESTION 4 Based on your risk assessment, your required rate of return is 9 percent for a bond you own. It has 10 years left to maturity; it is a $1,000 par value bond paying 8 percent interest semiannually. The market price of the bond is $850. Find the current yield of the bond. O A. 7.98% B.8.20% O C.8.75% O D.9.41% O E. None of the above

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