[Solved] Find the current yield of a coupon bond t

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Find the current yield of a coupon bond that pays semi-annual coupons with a coupon rate of 17% (the coupon rate is an annual rate).

Find the current yield of a coupon bond that pays semi-annual coupons with a coupon rate of 17% (the coupon rate is an annual rate). The bond just traded for a price of $1060.

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