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1. If there was a semi-annual bond selling for 850.00 with a face value of $1,000.00 that had a coupon rate of 6%, what is

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1. If there was a semi-annual bond selling for 850.00 with a face value of $1,000.00 that had a coupon rate of 6%, what is its current yield? a. 8% b. 6% c. 7.1% d. $60.00

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