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A bond with a coupon rate of 8.2% (assume it is paid once annually), maturing in 11 years at a value of $1,000 and a

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A bond with a coupon rate of 8.2% (assume it is paid once annually), maturing in 11 years at a value of $1,000 and a current market price of $700 will have a current yield of (Round your answer to 2 decimal places.) Multiple Choice 10.71% 1271% O 12.71% O 12 21% O

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