You purchased a coupon-bearing bond as $1000 and record it as $1200 after exactly on year. If the coupon is $60 paid ann

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answerhappygod
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You purchased a coupon-bearing bond as $1000 and record it as $1200 after exactly on year. If the coupon is $60 paid ann

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You purchased a coupon-bearing bond as $1000 and record it as
$1200 after exactly on year. If the coupon is $60 paid annually,
what is the current yield of the bond?
a. 0.050
b. 0.200
c. 0.060
d. 0.26
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