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If a $1000 par value bond has an annual coupon rate of 7.5% and is currently selling at a price of $950. What would the

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If a $1000 par value bond has an annual coupon rate of 7.5% and is currently selling at a price of $950. What would the current yield be for this bond? 7.89% 8.24% 6.31% 9.25%

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