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A bond with a face value of $1,000 has 8 years until maturity, carries a coupon rate of 6.0%, and sells for $1,075. a) What

A bond with a face value of $1,000 has 8 years until maturity, carries a coupon rate of 6.0%, and sells for $1,075. a) What is the current yield on the bond (rounded to 2 decimal places)? b) What is the yield to maturity if interest is paid semiannually (rounded to 4 decimal places)?

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