Question: Question 9 A 15 year bond was issued 3 years ago. The bond pays semiannual coupon payments with an annual coupon rate of 7.57. The

 Question 9 A 15 year bond was issued 3 years ago.

Question 9 A 15 year bond was issued 3 years ago. The bond pays semiannual coupon payments with an annual coupon rate of 7.57. The face value is 51,000. The band has a nominal yield to maturity of 8%. What is the current yield of the bond today! 7.61% 7.80% 20% 8.43%

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