Question: A BCE bond has 1 1 years until maturity and a coupon rate of 8 . 1 % payable annually, and sells for $ 1

A BCE bond has 11 years until maturity and a coupon rate of 8.1% payable annually, and sells for $1,090. Face value of the bond is $1,000.
a. What is the current yield on the bond? (Round your answer to 2 decimal places.)
Current yield
%
b. What is the yield to maturity? (Round your answer to 2 decimal places.)
Yield to maturity
%

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