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Question 22 3.75 pts A 15-year, 9.2% coupon rate bond is selling for $958.21. What is the current yield of the bond? (Report a number
Question 22 3.75 pts A 15-year, 9.2% coupon rate bond is selling for $958.21. What is the current yield of the bond? (Report a number and keep 4 decimal places. e.g. report 0.1501 instead of 15.01%.)
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