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Suppose that we have a straight bond with: $1,000 face value, coupon rate of 5.75%, and a maturity of 20 years that pays semi-annual coupons.

Suppose that we have a straight bond with: $1,000 face value, coupon rate of 5.75%, and a maturity of 20 years that pays semi-annual coupons. The bond has a price of $1,050. What is the current yield of this bond

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