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The Procter & Gamble Company offers a bond which pays a coupon of 1 0 percent with semiannual payments. The bonds have a yield to

The Procter & Gamble Company offers a bond which pays a coupon of 10 percent with semiannual payments. The bonds have a yield to maturity of 6.78 percent and they mature in 20 years. If the bonds have a face value of $5000 what is the current yield of the bond?
3.70%,6.78%,10%,7.41%,14.82%

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