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Malko Enterprises bonds currently sell for $1,248. They have a 26-year maturity, an annual coupon of $78.5, and a par value of $1,000. What is

Malko Enterprises bonds currently sell for $1,248. They have a 26-year maturity, an annual coupon of $78.5, and a par value of $1,000. What is their current yield?

6.29%

6.09%

5.89%

5.69%

6.49%

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