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Consider a bond with a face value of $1,000, maturity in 10 years, and a 9 percent annual coupon. what is the current yield on

Consider a bond with a face value of $1,000, maturity in 10 years, and a 9 percent annual coupon. what is the current yield on the bond assuming that the yield

required is 10 percent? (CY = INb)

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