A corporate bond that is currently trading at 95 pays semi-annual interest of $25. What is the current yield?
A) 2.50%
B) 2.63%
C) 5.00%
D) 5.26%
Answer: D
A corporate bond that is currently trading at 95 pays semi-annual interest of $25. What is the current yield?
A) 2.50%
B) 2.63%
C) 5.00%
D) 5.26%
Answer: D