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Maitland Hardware is selling bonds today at a price of 92.480 percent of par. The bonds have a face value of $1,000, 6 years to

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Maitland Hardware is selling bonds today at a price of 92.480 percent of par. The bonds have a face value of $1,000, 6 years to maturity, and a coupon rate of 5.8%. What is the current yield on the bonds? 0 6.51% O 7.40% O 6.27% O 7.34%

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