Question: Question 21 (2 points) A bond has a $1,000 face value and a $846 market value. The bond pays interest semi- annually, has a yield-to-maturity

Question 21 (2 points) A bond has a $1,000 face value and a $846 market value. The bond pays interest semi- annually, has a yield-to-maturity of 7.47 percent, and matures in 12 years. What is the current yield? Please record your answer using the following format (12.54). Record your answer to two decimal places. While the answer should be given as a percentage, do NOT place a "%" directly after the number n the box calling for units, there are four (4) possible responses dollars percent, ratio, or years Type into the units' box the appropriate for your answer Your Answer Answer units

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