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Hershey Co. is offering a bond with a 4.45% coupon interest rate, a par value of $1,000, and a market price of $850. What is
Hershey Co. is offering a bond with a 4.45% coupon interest rate, a par value of $1,000, and a market price of $850. What is the current yield of the bond? What would the current yield it be if the bond paid a semiannual coupon?
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