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Hatch Inc. have bonds in issue with a 7 per cent coupon rate. Bonds in Fortuna Inc. have a 4 per cent coupon rate. Both

Hatch Inc. have bonds in issue with a 7 per cent coupon rate. Bonds in Fortuna Inc. have a 4 per cent coupon rate. Both bonds sell at a discount, have face values of $1000, make annual payments, have a yield to maturity (YTM) of 9 per cent and have five years to maturity, Calculate the current yield for each bond

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