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Survamp , bonds have a par value of 1,000 and pay a quoted 10,01 % coupon rate on a semi - annual basis . The

Survamp , bonds have a par value of 1,000 and pay a quoted 10,01 % coupon rate on a semi - annual basis . The bonds mature in 23 years What is the current yield of the bond the bond is currently selling in the market for $ 827.72 Submit your final answer as a percentage rounded to two decimal places

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