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

Multiple Choice

A $1,000 face value Treasury bond matures in 16 years,pays interest semiannually,and has a market quote of 101.0210.The coupon rate is 3.5 percent,the current yield is ___ percent,and the yield to maturity is ____ percent.

A) 3.46;3.42
B) 3.46;3.39
C) 3.50;3.58
D) 3.54;3.62
E) 3.54;3.59