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Collateral Adage Booksellers Inc. has $1,000 face value bonds that currently sell for$1,125. The bonds have a 8.3% annual coupon rate. What is the current

Collateral Adage Booksellers Inc. has $1,000 face value bonds that currently sell for$1,125. The bonds have a 8.3% annual coupon rate. What is the current yield of these bonds?

6.75%

8.30%

13.49%

7.38%

9.34%

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