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The current yield on an 8 percent coupon bond with a face value of $5,000 that was bought at $8,000 is _____. a) 5 percent

The current yield on an 8 percent coupon bond with a face value of $5,000 that was bought at $8,000 is _____.

a) 5 percent

b) 6.25 percent

c) 12.8 percent

d) 20 percent.

e) none of the above

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