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7. A coupon bond pays semi-annual interest, has a par value of $1,000, matures in 12 years, has a coupon of 8.7%, and has a

7. A coupon bond pays semi-annual interest, has a par value of $1,000, matures in 12 years, has a coupon of 8.7%, and has a yield-to-maturity of 7.9%. The current yield on this bond is

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