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Please answer asap You are considering a corporate bond that pays interest semi-annually, has a par value of $1,000, matures in 8 years, and has

Please answer asap

You are considering a corporate bond that pays interest semi-annually, has a par value of $1,000, matures in 8 years, and has a YTM of 6%. If the bond's coupon rate is 7%, what is the current yield of the bond?

A. 6.59%
B. 6.47%
C. 3.18%
D. 3.29%

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