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A bond has a coupon rate of 10 percent, a $1,000 par value, matures in 12 years, has a yield to maturity of 8 percent,

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A bond has a coupon rate of 10 percent, a $1,000 par value, matures in 12 years, has a yield to maturity of 8 percent, and pays interest annually. What is the current yield? 09.02% O 7.89% O 6.47% O 8.69%

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