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A bond (with a face value of $1,000) was sold some years ago with an 11% coupon rate and that bond has a remaining life
A bond (with a face value of $1,000) was sold some years ago with an 11% coupon rate and that bond has a remaining life of exactly 25 years. If the bond is selling at $792.99 today, what is the bonds yield to maturity and what is the bonds current yield?
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