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Determine the current yield on a corporate bond investment that has a face value of $1100, pays 4 percent, and has a current price of

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Determine the current yield on a corporate bond investment that has a face value of $1100, pays 4 percent, and has a current price of $1350. Convert your answer to a percent, then round to 1 decimal place (ie, 1.3 2.4). Do not include the"%" sign in your response. Your

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