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An 9.80 percent, semi-annual coupon bond has a face value of $2,800 and a current market value of $4,630. What is the current yield? Multiple

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An 9.80 percent, semi-annual coupon bond has a face value of $2,800 and a current market value of $4,630. What is the current yield? Multiple Choice 9.60 percent 5.93 percent 10.00 percent 9.80 percent

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