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A bond with a coupon rate of 6.5%, maturing in 10 years at a value of $1,000 and current market price of $695 will have

A bond with a coupon rate of 6.5%, maturing in 10 years at a value of $1,000 and current market price of $695 will have a current yield of A. 11.3% B. 10.2% C. 9.4% D. 8.5%

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