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If a 6.75% coupon bond is trading for $1,016.00, it has a current yield of A. 7.38%. B. 6.64%. C. 7.25%. D. 8.53%. E. 7.18%.

If a 6.75% coupon bond is trading for $1,016.00, it has a current yield of

A.

7.38%.

B.

6.64%.

C.

7.25%.

D.

8.53%.

E.

7.18%.

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