Moving to another question will save this response Question 3 A bond has 6 years until maturity, carries a coupon rate of om, and sells for $1.210. What is the current yield on the bond? Moving to another question will save this response Questions Bands are a series of perpetual short-term debt instruments a form of equity financing that pays interest long-term debe instruments used to a large sum of money Oybrid form of financing used to raise large sum of money from a diverse group A Moving to another question will save this response