###### Answer: D. 10.66%

11. A coupon bond pays annual interest has a par value of $1 000 matures in 12 years has a coupon rate of 11% and has a yield to …

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# [Answer] 11. A coupon bond pays annual interest has a par value of $1 000 matures in 12 years has a coupon rate of 11% and has a yield to maturity of 12%. The current yield on this bond is ___________. A. 10.39%B. 10.43%C. 10.58%D. 10.66%E. None of these is correct.

###### Answer: D. 10.66%

11. A coupon bond pays annual interest has a par value of $1 000 matures in 12 years has a coupon rate of 11% and has a yield to …

Answers to multiple-choice questions (MCQs)