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Moving to another question will save this response. Question 7 of 11 Question 7 10 points The XYZ bond pays interest semi-annually, its par value

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Moving to another question will save this response. Question 7 of 11 Question 7 10 points The XYZ bond pays interest semi-annually, its par value is $1,000, it has a coupon rate of 6.5% and is currently quoted at 101.23. What is the current yield on this bond? a. 6.60 percent b. 6.37 percent c. 6.49 percent d. 6.42 percent e. 6.58 percent

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