单选题 A five-year bond with a 8.00 percent semiannual coupon currently trades atl02. 345 percent of a par value of $1000. Which of the following is closest to the current yield on the bond?

A、

A. 3.91%.
B、

B. 7.43%.
C、

C. 7.82%.

【正确答案】 C

【答案解析】The current yield is computed as: (Annual Cash Coupon Payment)/(Current Bond Price). The annual coupon is: ($1000)(0.08)=$80. The current yield is then: ($80)/($1023.45)=0.0765=7.82%.