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A 6-year, $1,000 face value bond has a coupon rate of 8%, payable semi-annually, and sells for $950. What is its current yield? 4.21% 8.00%
A 6-year, $1,000 face value bond has a coupon rate of 8%, payable semi-annually,
and sells for $950. What is its current yield?
4.21%
8.00%
8.42%
9.10%
13.68%
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