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bonds coupon rate calls for a 7 % coupon interest . the current price of the bond is $ 1 1 5 0 . therefore

bonds coupon rate calls for a 7%coupon interest.the current price of the bond is $1150. therefore its current yield must be
a5%
b not enough information for the answer
c 8.29%
d 6.09%
e 12.70%

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