Hammontree Corp. has an outstanding issue of $1,000 par value bonds with a 5.28% coupon rate, paid semiannually. The issue matures in 11 years. Bonds of similar risk are currently earning a 6.13% rate of return (annualized nominal yield). Consider why a bond might be earning a yield below the coupon rate. What might have happened? I will ask in class. However, BlackBoard really only handles quantitative questions well. So here I have a different question. There is a particular yield known as the “current yield” (to be clear, this is not another way of saying “today’s yield”). What is it for this bond?