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A bond that pays interest semiannually has a price of $1,031.92 and a semiannual coupon payment of $26.75. If the par value is $1,000, what

A bond that pays interest semiannually has a price of $1,031.92 and a semiannual coupon payment of $26.75. If the par value is $1,000, what is the current yield?

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