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QUESTION 23 What is the current yield of a bond with 5% of coupon rate (annual coupon payment) $100 par value and $102 market price.

QUESTION 23 What is the current yield of a bond with 5% of coupon rate (annual coupon payment) $100 par value and $102 market price. The prevailing market interest rate is 6%, 4.90% 5.88% 6.0096 5.00%

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