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The 8%, $1,000 face value bond of Glenmore Foods is currently selling at $1,027. The bond has 16 years left to maturity. What is the
The 8%, $1,000 face value bond of Glenmore Foods is currently selling at $1,027. The bond has 16 years left to maturity. What is the current yield (also known as coupon yield) of this bond?
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