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If you invest in a $1,000 bond and pay a price of $899, and the coupon rate on the bond is 3%, what is your

If you invest in a $1,000 bond and pay a price of $899, and the coupon rate on the bond is 3%, what is your Current Yield on your investment?: a. It is 4.81%. b. 3.34% c. 3.21% d. 4.29%

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