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Posted on Aug 04, 2024

An 6 . 6 2 % coupon, 2 4 . 0 - year annual bond is priced at $ 1 , 0 0 6 .

6.62 %

coupon,

24.0 -

year annual bond is priced at $

1, 006.00 .

What is the current yield for this bond? Please answer as a percentage

(%) .

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