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The bonds of BXL, Inc. are currently quoted at 120% of the face value (FV = $1,000) and mature in 15 years. The bonds pay

The bonds of BXL, Inc. are currently quoted at 120% of the face value (FV = $1,000) and mature in 15 years. The bonds pay a $75 semiannual coupon. What is the current yield on these bonds? O 6.04% 7.50% 12.50% O 15.00%

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