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A coupon bond that pays interest of $67 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 $67 annually has a par value of $1,000, matures in 5 years, and is selling today at a $77.00 discount from par value. The current yield on this bond is Multiple Choice 6.70% 726 O 825 718

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