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ABC Inc. bonds currently sell for $1,200. They have a 6-year maturity, an annual coupon of $85, and a par value of $1,000. What is

ABC Inc. bonds currently sell for $1,200. They have a 6-year maturity, an annual coupon of $85, and a par value of $1,000. What is their current yield? 7.08% 8.93% 8.50% 2.83% 5.66%

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