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a 2-year semi-annual bond with an annual coupon rate of 4.8% sells for 97% of its face value. What is the bond's Current Yield ?

a 2-year semi-annual bond with an annual coupon rate of 4.8% sells for 97% of its face value. What is the bond's Current Yield?

4.95%

6.03%

None of the above

4.80%

3.21%

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