Question: Question 18 (1 point) A bond has a $1,000 par value, ten years to maturity, and pays a coupon of 6.0% per year, semiannually. If

Question 18 (1 point) A bond has a $1,000 par value, ten years to maturity, and pays a coupon of 6.0% per year, semiannually. If the bond's required return is 5.7% per year, what is its current yield? (Hint: Find out the bond price first) O A) 5.94% O B) 6.00% O C) 5.76% O D) 5.82% O E) 5.87% Page 18 of 18 Previous Page Next Page

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