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Posted on Jul 31, 2024

An 7 . 5 % coupon, 6 . 0 - year annual bond is priced at $ 9 4 8 . 0 0 . What

7.5 %

coupon,

6.0 -

year annual bond is priced at $

948.00 .

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

(%) .

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