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Whats the current yield of a 6 percent coupon corporate bond quoted at a price of 102.20? (Round your answer to 1 decimal place.) Multiple
What’s the current yield of a 6 percent coupon corporate bond quoted at a price of 102.20? (Round your answer to 1 decimal place.)
Multiple Choice
6.1%
5.9%
6.0%
10.2%
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