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Compute the current yield of a(n) 10%, 25-year bond that is currently priced in the market at $1.225. Use annual compounding to find the promised

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Compute the current yield of a(n) 10%, 25-year bond that is currently priced in the market at $1.225. Use annual compounding to find the promised yield on this bond. Repeat the promised yield calculation, but this time use semiannual compounding to find yield-to-maturity. The current yield is 1%. (Round to two decimal places.)

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