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Global Trade, Inc. has $1,000 face value bonds outstanding with a market price of $983. The bonds pay interest annually, mature in 20 years, and

Global Trade, Inc. has $1,000 face value bonds outstanding with a market price of $983. The bonds pay interest annually, mature in 20 years, and have a yield to maturity of 8 percent. What is the current yield? % Allowed attempts: 3

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