Question: Given the information in the table, answer the question. If the YTM remains constant, what is current yield between periods 3 and 4 ? Maturity

Given the information in the table, answer the question.

If the YTM remains constant, what is current yield between periods 3 and 4 ?

Maturity 5 years

Face Value $1,000

Coupon Rate 6.00%

Coupon Period Annual

YTM 5.00%

  1. 6.48%

  2. 5.89%

  3. 5.35%

  4. 5.00%

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