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An annual bond has a face value of $1,000, a coupon rate of 11.4%, a yield to maturity of 5.9%. The price of the bond

An annual bond has a face value of $1,000, a coupon rate of 11.4%, a yield to maturity of 5.9%. The price of the bond is $1107.83. What is the current yield of the bond?

Please give your answer to 2 decimal places: 9.99%

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