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coupon bond pays annual interest, has a face value of $1,000, matures in 4 years, has a coupon rate of 10%, and has a yield
coupon bond pays annual interest, has a face value of $1,000, matures in 4 years, has a coupon rate of 10%, and has a yield to maturity of 12%.The current yield on this bond is ___________.(requires calculations)
A)10.65%
B)10.45%
C)10.95%
D)10.52%
E)none of the above
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