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A bond that pays interest semiannually has a price of $978.42 and a semiannual coupon payment of $28.00. If the par value is $1,000, what
A bond that pays interest semiannually has a price of $978.42 and a semiannual coupon payment of $28.00. If the par value is $1,000, what is the current yield? o 5.60% o 5.72% o 2.86% o 5.44% o 2.80%
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