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Danish Co. has a semi-annual bond with the following characteristics, what is the current yield? Price: $1043.47; Semi-annual coupon payment of $27;$1,000 face value; 12

Danish Co. has a semi-annual bond with the following characteristics, what is the current yield? Price: $1043.47; Semi-annual coupon payment of $27;$1,000 face value; 12 years to maturity

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