Question: please do this on paper 31) A bond has a par value of $1,000, a market price of $1,030, and a coupon rate of 8.0

please do this on paper 31) A bond has a par

please do this on paper

31) A bond has a par value of $1,000, a market price of $1,030, and a coupon rate of 8.0 percent. What is the current yield? a) 4.00% b) 5.83% c) 7.77% d) 8.00% e) None of the above

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