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Endicott Enterprises Inc. has issued 30-year coupon bonds with a face value of $1,000. If the annual coupon rate is 14% and the current price

Endicott Enterprises Inc. has issued 30-year coupon bonds with a face value of $1,000. If the annual coupon rate is 14% and the current price of the bond is $934.20. what is the bonds current yield?

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