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A 10% coupon bond that matures in 9 years is selling for $875. What is the bonds: current yield? Group of answer choices 11.43% 10.00%

A 10% coupon bond that matures in 9 years is selling for $875. What is the bonds: current yield? Group of answer choices 11.43% 10.00% 8.75% 12.86%

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