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A perpetual bond with a par value of $1,000 and a semiannual coupon has a yield to maturity of 5.20% and a current price of
A perpetual bond with a par value of $1,000 and a semiannual coupon has a yield to maturity of 5.20% and a current price of $1,055. What is its current yield? 5.49% 5.41% 5.20% 5.29% 0.00%
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