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3. A bond matures in 6 years and pays a 3.00% annual coupon. The bond has a face value of $1,000 and currently sells for

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3. A bond matures in 6 years and pays a 3.00% annual coupon. The bond has a face value of $1,000 and currently sells for $915. What is the bond's current yield? a. 4.00% b. 2.56% C! 3.50% d. 3.28% Page 1 4. Same facts as #3, what is the yield to maturity of the bond & a. 6.51% b. 3.05% c. 4.66% d. 2.50%

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