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7. Nathan Akpan is planning to invest in a seven-year bond that pays semi-annual coupons at a rate of 7 percent. It is currently selling

7. Nathan Akpan is planning to invest in a seven-year bond that pays semi-annual coupons at a rate of 7 percent. It is currently selling at $ \$ 957.23 $. What is the current market yield on this bond? 2 answers

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