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2 . A $ 1 0 0 0 par bond has a 9 % coupon and matures in 8 years. The bond is currently selling

2. A $1000 par bond has a 9% coupon and matures in 8 years. The bond is currently selling for $835.00 semiannually.
a. What is the bond's current yield?
b. What is the bond's yield to maturity?

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