Today, a bond has a coupon rate of 12.0%, par value of $1000, YTM of 9.60%, and semi-annual coupons with the next coupon

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Today A Bond Has A Coupon Rate Of 12 0 Par Value Of 1000 Ytm Of 9 60 And Semi Annual Coupons With The Next Coupon 1 (28.16 KiB) Viewed 40 times

Today, a bond has a coupon rate of 12.0%, par value of $1000, YTM of 9.60%, and semi-annual coupons with the next coupon due in 6 months. One year ago, the bond's price was $1,281.05 and the bond had 7 years until maturity. What is the current yield of the bond today? O A rate less than 10.51% or a rate greater than 11.31% A rate equal to or greater than 10.65% but less than 10.77% O A rate equal to or greater than 10.77% but less than 10.99% A rate equal to or greater than 10.51% but less than 10.65% A rate equal to or greater than 10.99% but less than 11.31%