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Vanessa has an outstanding bond with a 7.10 % semi-annual coupon and has 16 years left to mature. The current market rate is 10.50% per

Vanessa has an outstanding bond with a 7.10 % semi-annual coupon and has 16 years left to mature. The current market rate is 10.50% per annum. What is the current yield of Vanessa's Bond.

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