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2 pts A bond pays annual interest. Its coupon rate is 9 % . Its value at maturity is $ 1 , 0 0 0

2 pts
A bond pays annual interest. Its coupon rate is 9%. Its value at maturity is $1,000. It matures in four years. Its yield to maturity is currently 6%.
What is the current yield of the bond?
6.0%
8.2%
9.0%
10.2%
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