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PowerTech Company has issued bonds paying a 3% Coupon Rate. The current market price of the bonds are $984.25. What is the Current Yield of

PowerTech Company has issued bonds paying a 3% Coupon Rate. The current market price of the bonds are $984.25. What is the Current Yield of the bond?

		3.05%
		3.14%
		2.97%
		3%

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