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Company XYZ's bonds are selling for $980 now, they have 8 years left to their maturities, have $1000 par values and pay 10% coupon rate
Company XYZ's bonds are selling for $980 now, they have 8 years left to their maturities, have $1000 par values and pay 10% coupon rate ( paid annually). what is the Current Yield of the bonds?
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