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A semiannual bond has a coupon rate of 7% and nine years remaining to maturity. The current leterest rate is 8% What is the current

A semiannual bond has a coupon rate of 7% and nine years remaining to maturity. The current leterest rate is 8% What is the current yield of the bond? Answer in annual terme 3.75% 7.5% 7 O 8% 8.5%

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