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A bond has a yield to maturity of 9.38 percent, a 7.5 percent annual coupon, a RM1,000 face value, and a maturity date 21 years

A bond has a yield to maturity of 9.38 percent, a 7.5 percent annual coupon, a RM1,000

face value, and a maturity date 21 years from today. Calculate the current yield.

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