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The market price of a bond is $875. The bonds have a 4.25% coupon rate paid semi-annually and mature in six years. What is current

The market price of a bond is $875. The bonds have a 4.25% coupon rate paid semi-annually and mature in six years. What is current yield for this bond?

A. 8.9%

B. 4.3%

C. 4.8%

D. 9.2%

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