问题
单项选择题
A coupon bond pays annual interest, has a par value of $1000, matures in 4 years, has a annual coupon of $100, and a yield to maturity of 12 percent. The current yield on this bond is:（）
A. 9.50%.
B. 10.65%.
C. 11.25%.
答案
参考答案：B
解析：
FV =1000, N=4, PMT=100, 1=12; CPT PV=939.25 Current yield = coupon/current price 100/939.25×100=10.65