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Posted on Jul 26, 2024

a bond with $ 1 0 0 0 par value, has 1 7 years left to maturity has a coupon rate of 1 2 %

a bond with $

1000

par value, has

17

years left to maturity has a coupon rate of

12 %

with semi

-

annual coupon payments. the yield to maturity is

6.5 % .

what is the current yield?

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