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Malko Enterprises bonds currently sell for $1,150. 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 $1,150. They have a 6-year maturity, an annual coupon of $75, and a par value of $1,000. What is their current yield?

a. 5.74% b. 7.30% c. 5.22% d. 7.76% e. 6.52%

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