Question: Bond Features Maturity (years) = 8 Face Value = $1,000 YTM = 4.00% Coupon Rate = 3.00% Coupon dates (Annual) What is the current yield

Bond Features
Maturity (years) = 8
Face Value = $1,000
YTM = 4.00%
Coupon Rate = 3.00%
Coupon dates (Annual)

What is the current yield on the above bond between today and year 1?

A. 3.25%
B. 3.20%
C. 4.00%
D. 3.00%
E. 3.22%

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