单选题 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、

A. 9.50%.
B、

B. 10.65%.
C、

C. 11.25%.

【正确答案】 B

【答案解析】FV =1000, N=4, PMT=100, 1=12; CPT PV=939.25 Current yield = coupon/current price 100/939.25×100=10.65