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The Ford Motor Corporation issued 12 year bonds 2 years ago at an annual coupon rate of 9.5%. The bonds make semi-annual payments. The price

The Ford Motor Corporation issued 12 year bonds 2 years ago at an annual coupon rate of 9.5%. The bonds make semi-annual payments. The price of the bond is $1,066. What is the yield to maturity? What is the current yield?

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