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A bond has 8 years until maturity and a coupon rate of 8.9% payable annually and sells for $1030. The face value of the bond

A bond has 8 years until maturity and a coupon rate of 8.9% payable annually and sells for $1030. The face value of the bond is $1000. What are the current yield and yield to maturity? What do these two numbers represent?

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