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Ellis Corp's bonds pay an annual coupon of $64. Face value is $1,000 and the current price is $76.25 below face value. What is the

Ellis Corp's bonds pay an annual coupon of $64. Face value is $1,000 and the current price is $76.25 below face value. What is the current yield for the bond of Ellis Corp if it pays annual coupons? & Multiple Choice 6.93% O O 6.40% 6.84% 8.15%

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