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Answer ALL the following questions accordingly and accurately with correct answers. Provide a detailed explanation to prove the answer. ANSWER ALL THE QUESTIONS LISTED!!! A

Answer ALL the following questions accordingly and accurately with correct answers. Provide a detailed explanation to prove the answer. ANSWER ALL THE QUESTIONS LISTED!!!

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A bond is priced in the market at $1,170 and has a coupon of 12%. Calculate the bond's current yield. The bond's current yield is %. (Round to two decimal places.)

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