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MATH 1130 303 Homework: Chapter 4 Topics C-D Hom M 11 of 31 (26 compl Score: 0 of 1 pt 4.C.47 Calculate the current yield

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MATH 1130 303 Homework: Chapter 4 Topics C-D Hom M 11 of 31 (26 compl Score: 0 of 1 pt 4.C.47 Calculate the current yield on the described bond. A $500 Treasury bond with a coupon rate of 4.4% that has a market value of $450 The current yield is %. (Round to two decimal places as needed.) ibrai tions

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