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An investor is considering purchasing a bond with a 4 % coupon interest rate, a par value of $ 1 , 0 0 0 ,

An investor is considering purchasing a bond with a 4% coupon interest rate, a par value of
$1,000, and a market price of $102.55. The bond will mature in 4 years.
a. What is the bond's current yield?
b. What is the bond's yield to maturity?
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