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Sweet Sue Foods has bonds outstanding with a coupon rate of 5.11 percent paid semiannually and sell for $2,085.62. The bonds have a par value
Sweet Sue Foods has bonds outstanding with a coupon rate of 5.11 percent paid semiannually and sell for $2,085.62. The bonds have a par value of $2,000 and 17 years to maturity. What is the current yield for these bonds?
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