Find the current yield of a 565 8-year bond thats currently, Finance Basics

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Find the current yield of a 565 8-year bond thats currently

Find the current yield of a 5.65%, 8-year bond that's currently priced at $853.75. Now, use a financial calculator to find the yield to maturity on this bond(use annual compounding). What's the current yield and yield to maturity on this bond if it trades at $1000? If it's priced at $750? Comment on your findings.

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Finance Basics: Find the current yield of a 565 8-year bond thats currently

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Finance Basics: Find the current yield of a 565 8-year bond thats currently

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