Question: Compute the current yield on a bond with a yield to maturity of 6.1%, a par value of $1000, a coupon rate of 7.8% paid

Compute the current yield on a bond with a yield to maturity of 6.1%, a par value of $1000, a coupon rate of 7.8% paid semi-annually, and a remaining life of 25 years. Select one: 05.01% O 3.21% O 6.41%

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