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Landon bonds have a face value of $ 1 , 0 0 0 and are currently quoted at 8 6 7 . 2 5 .

Landon bonds have a face value of $1,000 and are currently quoted at 867.25. The bonds have coupon rate of 6.5 percent. What is the current yield on these bonds? 7.45%7.67%8.03%8.47% O7.49%

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