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Suppose that last year, the market price for a certain bond was $10705. Since then, the price has decreased by 10.7%. If the current yield

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Suppose that last year, the market price for a certain bond was $10705. Since then, the price has decreased by 10.7%. If the current yield was 7.8% last year, what is the current yield today? Round your answer to the tenth of a percent

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