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Please show your work. (Identify N, I/Y, PV, PMT, and FV) You are considering buying bonds in HGZT, Inc. The bonds have a par value

Please show your work. (Identify N, I/Y, PV, PMT, and FV)

You are considering buying bonds in HGZT, Inc. The bonds have a par value of $1,000 and mature in 13 years. The annual coupon rate is 11.0% and the coupon payments are annual. The bonds are currently selling for$1,442.63 based on a yield-to-maturity of 6.0%. What is the bond's current yield?

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