Question: Please help me with answering the question below. Question 12 3.34 pts A 15-year bond with a face value of $1,000 with 8.5% coupon rate

Please help me with answering the question below.

Please help me with answering the question below. Question 12 3.34 pts

Question 12 3.34 pts A 15-year bond with a face value of $1,000 with 8.5% coupon rate (paid annually) is currently sells for $850. What is the current yield of the bond? O 10% 8.5% 7.22% O 11% 85%

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