Respuesta :

Answer:

7.14%

Explanation:

Calculation for the current yield of a bond

Current yield = (6%×$1,000) / (0.84 × $1,000)

Current yield = $60 / (0.84 × $1,000)

Current yield = $60 / $840

Current yield = 0.0714*100

Current yield =7.14%

Therefore the Current yield will be 7.14%