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A bond with 10 percent coupon is currently selling for 102.50. The principal amount is $1,000. The current yield on the bond is A. 8.55

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A bond with 10 percent coupon is currently selling for 102.50. The principal amount is $1,000. The current yield on the bond is A. 8.55 percent. B. 9.76 percent. C. 15.29 percent. D. None of the above

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