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Question 11 A coupon bond that pays coupon of $60 annually has a par value of $1,000, matures in 5 ye is selling today at

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Question 11 A coupon bond that pays coupon of $60 annually has a par value of $1,000, matures in 5 ye is selling today at a $900. The current yield on this bond is O 5% 6.67% 8% 6%

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