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Find the current yield of a bond whose coupon rate is listed as 5.875% and currently selling at a discount of 92.375. (Round to the

Find the current yield of a bond whose coupon rate is listed as 5.875% and currently selling at a discount of 92.375. (Round to the nearest tenth percent)

a. 6.3% b. 6.4% c. 7.1% d. 6.6%

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