Question: Solve for current yield. Calculate the interest amount and current yield for the following $1,000 bonds. (Round your interest amount answers to 2 decimal places.

Solve for current yield. Calculate the interest amount and current yield for Solve for current yield.

Calculate the interest amount and current yield for the following $1,000 bonds. (Round your interest amount answers to 2 decimal places. Enter the current yield answers as a percent rounded to 2 decimal places.) Interest Amount Current Market Value Current Yield Interest Rate 6.05% 515% 5.05% 1,085 60.50 51.50 1,140 50.50 $ 920

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