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A bond has the face value of $1,000 and quoted price of 101.1612. If the bonds coupon rate is 11.2%, what is this bonds current

A bond has the face value of $1,000 and quoted price of 101.1612. If the bonds coupon rate is 11.2%, what is this bonds current yield? Group of answer choices 9.62% 10.98% 12.53% 11.07%

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