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Garvin Enterprises bonds currently sell for $1, 150. They have a 6-year maturity, an annual coupon of $85, and a par value of $1,000. What

Garvin Enterprises bonds currently sell for $1, 150. They have a 6-year maturity, an annual coupon of $85, and a par value of $1,000. What is their current yield? 7.39% 7.76% 8.15% 8.56% 8.98%

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