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LightStar. Inc. bonds have a par value of $1,000, 15 years to maturity, and a coupon rate of 11%. Investors required return on the bonds

LightStar. Inc. bonds have a par value of $1,000, 15 years to maturity, and a coupon rate of 11%. Investors required return on the bonds is now 9%. Compute the current yield of this bond.

A) a.73%

B) 9.46%

C) 11%

D) 9.9%

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