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18. J&J Inc. just issued a 30-year, $1,000 face value bond that has a coupon rate of 7% paid annually. What is the current yield

18. J&J Inc. just issued a 30-year, $1,000 face value bond that has a coupon rate of 7% paid annually. What is the current yield on the bond assuming that the yield to maturity (YTM) is 6.8%? 7.18% 7.00% 6.83% 6.44% 6.30%

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