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Current Yield What's the current yield of a 8.50 percent coupon corporate bond quoted at a price of 97.45? (Round your answer to 1 decimal

Current Yield What's the current yield of a 8.50 percent coupon corporate bond quoted at a price of 97.45? (Round your answer to 1 decimal place.)

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9.7%

8.5%

8.7%

8.3%

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