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PLEASE HELP! Suppose you paid $948.07 for a corporate bond that has a 17.91% coupon rate. What is the current yield? Assume that the par

PLEASE HELP!

Suppose you paid $948.07 for a corporate bond that has a 17.91% coupon rate. What is the current yield? Assume that the par value of the bond is $1,000.

Note: Convert your answer to percentage and round off to two decimal points. Do not enter % in the answer box.

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