### Current Yield and YTM

I have completed the problem but would appreciate it if someone could check my work. Thanks 9. Bonds of XYZ Corp. with a par value of $1,000 sell for $950, mature in 8 years, and have a 9% annual coupon rate paid semiannually. I used Excel for the YTM. Thanks Calculate the: i. Current yield $90 / 950 = 9.47