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Global Trade, Inc. has $1,000 face value bonds outstanding with a market price of $1,007. The bonds pay interest annually, mature in 17 years, and

Global Trade, Inc. has $1,000 face value bonds outstanding with a market price of $1,007. The bonds pay interest annually, mature in 17 years, and have a yield to maturity of 5.1 percent. What is the current yield?

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