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15. A bond has a yield to maturity of 8.83 percent, a coupon of 7.5 percent paid semiannually, a $1,000 face value, and a maturity

15. A bond has a yield to maturity of 8.83 percent, a coupon of 7.5 percent paid semiannually, a $1,000 face value, and a maturity date 9 years from today. What is the current yield? 9.05 percent 7.38 percent 8.16 percent 8.46 percent 7.91 percent

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