Question: Calculating Current Yields. Calculate the interest amount and current yield for the following $1,000 bonds: begin{tabular}{|l|l|l|l|} hline Interest Rate & Interest Amount & Current Market

 Calculating Current Yields. Calculate the interest amount and current yield for

Calculating Current Yields. Calculate the interest amount and current yield for the following $1,000 bonds: \begin{tabular}{|l|l|l|l|} \hline Interest Rate & Interest Amount & Current Market Value & Current Yield \\ \hline 4% & & $1,040 \\ \hline 3.6% & & $920 \\ \hline 2.9% & & $1,050 \\ \hline \end{tabular}

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