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A coupon bond that pays interest of $46.59 annually has a par value of $1,000, matures in 6 years, and is selling today at a

A coupon bond that pays interest of $46.59 annually has a par value of $1,000, matures in 6 years, and is selling today at a $69.99 discount from par value. What is the current yield on this bond?

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