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A(n) 7.5%, 20-year bond is callable in two years at a call price of $1,062. The bond is currently priced in the market at $967.48.

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A(n) 7.5%, 20-year bond is callable in two years at a call price of $1,062. The bond is currently priced in the market at $967.48. What is the issue's current yield? The issue's current yield is %. (Round to two decimal places.)

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