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A 10-year, 6.1% coupon rate bond is selling for $835. What is the current yield of the bond? A. 7.3% B. 6.1% C. 8.63% D.

A 10-year, 6.1% coupon rate bond is selling for $835. What is the current yield of the bond?

A. 7.3%
B. 6.1%
C. 8.63%
D. 8.59%

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