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What is the current yield of a bond with a 6% coupon paying interest annually, 8 years until maturity, a face value of $1,000, and
What is the current yield of a bond with a 6% coupon paying interest annually, 8 years until maturity, a face value of $1,000, and a current price of $981? (Enter your percentage answer as a number rounded to 2 decimal places. For example: enter 15.25% as 15.25)
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