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Aingealag's Famous Hot Dog's bonds have 7 years remaining to maturity. The bonds have a face value of $ 1 , 0 0 0 and

Aingealag's Famous Hot Dog's bonds have

7

years remaining to maturity. The bonds have a face value of $

1, 000

and a yield to maturity of

10 % .

They pay interest annually and have a

6 %

coupon rate. What is their current yield?

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