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3. If a bond has a yield to maturity of 7.0%, a coupon rate of 8.0% (paid semi-annually), 4 years to maturity and a par
3. If a bond has a yield to maturity of 7.0%, a coupon rate of 8.0% (paid semi-annually), 4 years to maturity and a par value of $1000, find its current yield
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