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A bond has the following terms: Principal amount $1,000 Semi-Annual interest paid $50 Maturity 10 years What is the current yield for the previously described

A bond has the following terms:

Principal amount $1,000

Semi-Annual interest paid $50

Maturity 10 years

What is the current yield for the previously described bond?

Group of answer choices

10.00%

11.30%

12.14%

12.41%

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