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A bond with face value P10,000 has a semiannual coupon rate of 6%. With a time to maturity of 3 years, the bond is sold

A bond with face value P10,000 has a semiannual coupon rate of 6%. With a time to maturity of 3 years, the bond is sold for P10,500. What is the current yield of the buyer? 5.71% 5% 6% 5.55%

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