Question: Use the bond term's below to answer the question Maturity 12 years Coupon Rate 4% Face value $1,000 Annual Coupons YTM 5% Assuming the YTM

Use the bond term's below to answer the question Maturity 12 years Coupon Rate 4% Face value $1,000 Annual Coupons YTM 5% Assuming the YTM remains constant throughout the bond's life, what is the bond's current yield between periods 3 and 4 ?

Group of answer choices

4.44%

4.31%

4.22%

4.10%

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