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A bond with a face value of $1,000 has a price of $1,088.66 and a coupon rate of 10.74%. What is the bond's current yield?

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A bond with a face value of $1,000 has a price of $1,088.66 and a coupon rate of 10.74%. What is the bond's current yield? Your Answer: Answer Question 9 ( 3 points) What is the price of a 8 -year bond with a 5.9% annual coupon and a yield to maturity of 12.16% ? Your

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