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A bond has a yield to maturity of 9.83 percent, a 7.2 percent annual coupon, a $1,000 face value, and a maturity date 20 years

A bond has a yield to maturity of 9.83 percent, a 7.2 percent annual coupon, a $1,000 face value, and a maturity date 20 years from today. What is the current yield? 7.69 percent 8.47 percent 9.04 percent 9.31 percent 9.83 percent

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