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Perry Inc.'s bonds currently sell for $840. They have a 6-year maturity, an annual coupon of $85, and a par value of $1,000. What is

Perry Inc.'s bonds currently sell for $840. They have a 6-year maturity, an annual coupon of $85, and a par value of $1,000. What is their current yield? Select the correct answer. a. 10.74% b. 9.50% c. 8.26% d. 8.88% e. 10.12%

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