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Corporate bonds have a 13% coupon rate with semi-annual coupon payments. They have 20 years to maturity and a par value of $1000. What is

Corporate bonds have a 13% coupon rate with semi-annual coupon payments. They have 20 years to maturity and a par value of $1000. What is the current yield of the bond if the bond is selling at a market price of $1150?

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