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An 9.90 percent, semi-annual coupon bond has a face value of $2,900 and a current market value of $4,830. What is the current yield? Multiple

An 9.90 percent, semi-annual coupon bond has a face value of $2,900 and a current market value of $4,830. What is the current yield? Multiple Choice 5.94 percent 9.90 percent 10.10 percent 9.70 percent

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