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A 15 year, 7% coupon rate bond is selling for $771.82. What is the current yield of the bond? O a. 22.8% b. 7.0% OC

A 15 year, 7% coupon rate bond is selling for $771.82. What is the current yield of the bond? O a. 22.8% b. 7.0% OC 9.1% O d. 10.0% O e 30.7%

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