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Question 17 8 pts A bond has a face value of $1,000, a coupon rate of 8%, and 14 years to maturity. If the bond

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Question 17 8 pts A bond has a face value of $1,000, a coupon rate of 8%, and 14 years to maturity. If the bond is selling for $1,049 today, what is the current yield of the bond (in percentage)? Round your answer to 2 decimal places

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