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Jacob Enterprises' bonds currently sell for $850.They have a 10-year maturity, an annual coupon of $50.What is their current yield? A. 4.14% B. 5.50% C.

Jacob Enterprises' bonds currently sell for $850.They have a 10-year maturity, an annual coupon of $50.What is their current yield?

A. 4.14%

B. 5.50%

C. 5.88%

D. 6.27%

E. 6.68%

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