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A bond pays a semi-annual coupon at an APR of 9.00%. The bond will mature in 8.00 years and has a face value of $1,000,00.

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A bond pays a semi-annual coupon at an APR of 9.00%. The bond will mature in 8.00 years and has a face value of $1,000,00. The bond has a yield-to-maturity of 12.42% APR. What is the current yiold for the bond? What is the current yield for the bond? Answer format: Percentage Round to: 2 decimal places (Example: 9.24%, sign required. Wi accept decimal fomat rounded to 4 decimal places (ex: 0.0924))

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