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Malko Enterprises' bonds currently sell for $1,130. They have a 6-year maturity, an annual coupon of $75, and a par value of $1,000. What is

Malko Enterprises' bonds currently sell for $1,130. They have a 6-year maturity, an annual coupon of $75, and a par value of $1,000. What is their current yield?

a. 3.32% b. 6.64% c. 7.50% d. 3.75% e. 4.72%

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