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A coupon bond that pays interest of $ 8 0 annually has a par value of $ 1 , 0 0 0 , matures in

A coupon bond that pays interest of $80 annually has a par value of $1,000, matures in 5 years, and is selling today at a $75.25 discount from par value. The current yield on this bond is _________.
6%
8.65%
6.73%
7%

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