[Solved] A 12-year bond pays an annual coupon of 1

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A 12-year bond pays an annual coupon of 10 percent. The bond has a yield to maturity of 9.5 percent and a par value of

A 12-year bond pays an annual coupon of 10 percent. The bond has a yield to maturity of 9.5 percent and a par value of $1,000. What is the bond's current yield

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