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What is the bonds current market price

Problem:

Coupon Maturity Last Price Last Yield Spread EST VOL
UST (000s)
11.0 7/31/09 65.50 ? 104 10 5,100

Assuming this bond's face value is $1,000. What is the bond's current market price?

A $65.00

B. $650.00

C. $6,550.00

D. $655.00

What is the yield on the bond?

A. 18.9%

B. 16.8%

C. 14.2%

D. 11.0%

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