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A 8.5% Bond with remaining maturity of 10 years is currently selling for 85% of its par value. This means the current yield on this

A 8.5% Bond with remaining maturity of 10 years is currently selling for 85% of its par value. This means the current yield on this bond is:

a.10.0%

b.5.5%

c.11.1%

d.8.5%

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