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Malko Enterprises' bonds currently sell for $1,050. They have a 6-year maturity, an annual coupon of $85, and a par value of $1,000. What is

Malko Enterprises' bonds currently sell for $1,050. They have a 6-year maturity, an annual coupon of $85, and a par value of $1,000. What is their current yield? a. 4.25% b. 8.50% c. 8.10% d. 7.30% e. 4.05%

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