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7. A bond is listed at 92.5, if it pays a 9% coupon and matures in 8 years, what is the annual yield- to-maturity? annual

7. A bond is listed at 92.5, if it pays a 9% coupon and matures in 8 years, what is the annual yield- to-maturity? annual interest payment Current yield = current market price What is the current yield on this bond

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