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A zero-coupon bond with a par value of $1,000.00 has a current market value of $597.00. If the bond has 6 years to maturtiy, what

A zero-coupon bond with a par value of $1,000.00 has a current market value of $597.00. If the bond has 6 years to maturtiy, what is its current yield?

0.00%

6.60%

6.94%

6.37%

7.01%

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