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In 2 0 2 2 , a customer buys 1 PDQ 1 0 % . $ 1 0 0 0 par debenture, M 3 7

In 2022, a customer buys 1 PDQ 10%. $1000 par debenture, M 37, at 115. The interest payment dates are Jan 1st and Jul 1st. The current yield on the bond is:

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