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Bond face value is $1000 and it is trading for $916 and has 8.8% coupon rate, what is the current yield? O a. 9.00% O

Bond face value is $1000 and it is trading for $916 and has 8.8% coupon rate, what is the current yield? O a. 9.00% O b. 8.8% O c. 9.61% O d. 12.00%

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