A $1,000 Face Value Bond Matures in 16 Years,pays Interest

Multiple Choice

A $1,000 face value bond matures in 16 years,pays interest semiannually,and has a market quote of 102.0562.The coupon rate is 5.5 percent,the current yield is ________ percent,and the yield to maturity is ________ percent.

A) 5.39; 5.31
B) 5.61; 5.74
C) 5.42; 5.28
D) 5.78; 5.84
E) 5.44; 5.61