Compute the current yield on a bond with a yield to maturity of $12\mathrm{.}0\%,$ a par value of $$1000,$ a coupon rate of $3\mathrm{.}1\%$ paid semi$-$annually, a remaining life of $14$ years? $($Round to $100$th of a percent and enter as a percentage, e$.$g$.12\mathrm{.}34\%$ as $12\mathrm{.}34$ and state as an annual rate.$)$

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