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A $1,000 par value, 2.0% annual coupon with a maturity in 15 years currently sells for $ 686 . What is the bonds current yield?
A \$1,000 par value, 2.0% annual coupon with a maturity in 15 years currently sells for \$ 686 . What is the bonds current yield? What is the bond's yield to maturity (YTM)? Round your percentages to one decimal place (e.g. 9.4\%)
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