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A coupon bond that pays interest of $55 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 $55 annually has a par value of $1,000, matures in 5 years, and is selling today at a $74.00 discount from par value. The current yield on this bond is

5.50%

5.94%

7.83%

5.82%

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