Check my work 3 A bond with a face value of $1,000 has 16 years until maturity, has a coupon rate of 7.8%, and sells for $1,071. a. What is the current yield on the bond? (Enter your answer as a percent rounded to 2 decimal places.) 8.82 points Current yield 7.28 % eBook References b. What is the yield to maturity if interest is paid once a year? (Do not round intermediate calculations. Enter your answer as a percent rounded to 4 decimal places.) Yield to maturity % c. What is the yield to maturity if Interest is paid semiannually? (Do not round intermediate calculations. Enter your answer as a percent rounded to 4 decimal places.) Yield to maturity %