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Current Yield Brown Enterprises' bonds currently sell for $1,020. They have a 9-year maturity, an annual coupon of $80, and a par value of $1,000.

Current Yield Brown Enterprises' bonds currently sell for $1,020. They have a 9-year maturity, an annual coupon of $80, and a par value of $1,000. What is their current yield? Select the correct answer. A. 7.69% B. 7.77% C. 7.92% D. 7.84% E. 8.00%

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