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A bond has the face value of $1,000 and quoted price of 102.5643. If the bonds coupon rate is 8.3%, what is this bonds current
A bond has the face value of $1,000 and quoted price of 102.5643. If the bonds coupon rate is 8.3%, what is this bonds current yield?
A.) 8.30%
B.) 8.25%
C.) 8.56%
D.) 8.09%
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