American Hat has $1,000 face value bonds outstanding with a market price of $1,150. The bonds pay interest semiannually, mature in 8 years, and have a yield to maturity of 5.98 percent. What is the current yield? Multiple Choice O O O 7.06 percent 7.28 percent 6.15 percent 7.61 percent

American Hat has $1,000 face value bonds outstanding with a market price of $1,150. The bonds pay interest semiannually, mature in 8 years, and have a yield to maturity of 5.98 percent. What is the current yield? Multiple Choice 7.06 percent 7.28 percent 6.15 percent 7.61 percent