Whitesell Athletic Corporation’s bonds have a face value of $1,000 and a 9% coupon paid semiannually; the bonds mature in 8 years. What current yield would be reported in The Wall Street Journal if the yield to maturity is 7%?

1. A) 4%
2. B) 5%
3. C) 6%
4. D) 7%
5. E) 8%