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A 30-year bond with 8 percent annual coupon has a face value of $1,000. The bond's yield to maturity is 7 percent. What is the
A 30-year bond with 8 percent annual coupon has a face value of $1,000. The bond's yield to maturity is 7 percent. What is the bond's current yield (i.e., coupon/price)? 6.38% 7.12% 8.15% 10.00%
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