Question: LO2 Bond Features Maturity (years) = 7 Face Value = $1,000 YTM = 3.50% Coupon Rate = 6.00% Coupon dates (Annual) What is the current

LO2

Bond Features
Maturity (years) = 7
Face Value = $1,000
YTM = 3.50%
Coupon Rate = 6.00%
Coupon dates (Annual)

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

5.20%
5.19%
6.00%
5.26%
3.50%

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