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Assume that 1 0 years ago you purchased a $ 1 , 0 0 0 bond for $ 9 2 2 . The bond pays

Assume that 10 years ago you purchased a $1,000 bond for $922. The bond pays 3.12 percent interest and will mature this year.
a. Calculate the current yield on your bond investment at the time of the purchase.
Note: Enter your answer as a percent rounded to 2 decimal places.
b. Determine the yield to maturity on your bond investment at the time of purchase.
Note: Enter your answer as a percent rounded to 2 decimal places.
\table[[a. Current yield,%
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