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Wal-Mart has issued bonds with 7 years to maturity, a 7.5% coupon rate (paid semiannually), and $1,000 face value. If the price of the bond

Wal-Mart has issued bonds with 7 years to maturity, a 7.5% coupon rate (paid semiannually), and $1,000 face value. If the price of the bond is $750, what is the current yield on the bond

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