Question: 4 8 Murtiple Choice 1 . 6 6 7 points American Hat has $ 1 , 0 0 0 face value bonds outstanding with a

48 Murtiple Choice 1.667 points
American Hat has $1,000 face value bonds outstanding with a market price of $1,150. The bonds pay interest semlannually, mature in 8 years, and have a yield to maturity of 5.98 percent. What is the current yield?
7.06 percent
6.15 percent
6.44 percent
7.61 percent
7.28 percent
4 8 Murtiple Choice 1 . 6 6 7 points American Hat

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