Question: Question 25 (4 points) For a bond with a par value of $1,000, a market price of $1,120, a(n) 9.00% coupon rate, and 10 years

Question 25 (4 points) For a bond with a par value of $1,000, a market price of $1,120, a(n) 9.00% coupon rate, and 10 years to maturity, what is the current yield? [Enter your answer in percent form, showing two decimal places, but without a percent sign. If your answer is 2.35%, enter 2.35] Your

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