Question: ABC 1 0 % $ 1 0 0 par preferred is trading at $ 1 1 5 in the market. The current yield is: A

ABC10%$100 par preferred is trading at $115 in the market. The current yield is:
A 8.7%
9.5%
10%
11.5%
ABC 1 0 % $ 1 0 0 par preferred is trading at $ 1

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