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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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