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Do-Well bonds have a face value of $1,000 and are currently quoted at 867.25. The bonds have a semiannual coupon rate of 6.5 percent. What

Do-Well bonds have a face value of $1,000 and are currently quoted at 867.25. The bonds have a semiannual coupon rate of 6.5 percent. What is the current yield (CY) on these bonds?

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