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A coupon bond that pays interest of $53 annually has a par value of $1,000, matures in 5 years, and is selling today at a

A coupon bond that pays interest of $53 annually has a par value of $1,000, matures in 5 years, and is selling today at a $73.50 discount from par value. The current yield on this bond is Multiple Choice 5.60% 5.30% 776% 5.72%

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