Malko Enterprises' bonds currently sell for $1,020. They have a 6-year maturity, an annual coupon of $75, and a par value of $1,000. What is their current yield? a. 3.68%  b. 7.35%  c. 3.75%  d. 7.50% e. 7.03%

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Chapter1: Investments: Background And Issues
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Malko Enterprises' bonds currently sell for $1,020. They have a 6-year maturity, an annual coupon of $75, and a par value of $1,000. What is their current yield?

a. 3.68% 

b. 7.35% 

c. 3.75% 

d. 7.50%

e. 7.03%

 

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