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Company As bonds currently sell for $940. They have a 5-year maturity, an annual coupon of $81, and a par value of $1,000. What is
Company As bonds currently sell for $940. They have a 5-year maturity, an annual coupon of $81, and a par value of $1,000. What is their current yield? Answer as a percent and to the nearest hundredth of a percent as in xx.xx % and enter without the percent sign.
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