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A bond with a current yield of 6.85 percent is quoted at 96.993. What is the coupon rate of the bond:? Multiple Choice o 6.64%

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A bond with a current yield of 6.85 percent is quoted at 96.993. What is the coupon rate of the bond:? Multiple Choice o 6.64% o 6.20% o 6.54% o 6.31% C 709%

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