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Problem 6-4 Bond Pricing (LO1, 2) A 5-year Circular File bond pays interest of $80 annually and sells for $950. Par value is $1,000 by

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Problem 6-4 Bond Pricing (LO1, 2) A 5-year Circular File bond pays interest of $80 annually and sells for $950. Par value is $1,000 by assumption What is its coupon rate? {Round your answer to 2 decimal places.) Coupon rate What is its current yield? (Round your answer to 2 decimal places.) Current yield What is its yield to maturity (Round your answer to 4 decimal places.) Yield to maturity 9.11

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