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Citigroup issued bonds that pay a coupon interest rate of 8.5 percent. The bonds mature in 7 years. They are selling for $1,128. What would

Citigroup issued bonds that pay a coupon interest rate of 8.5 percent. The bonds mature in 7 years. They are selling for $1,128. What would be your expected rate of return (yield to maturity) if you bought thebonds? What would the current yield be?

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