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What is the current yield for a bond that has a coupon rate of 9 . 9 % paid annually, a par value of $

What is the current yield for a bond that has a coupon rate of 9.9% paid annually, a par value of $1000, and 14 years to maturity? Investors require a return of 11.1% from the bond. (Round to 100th of a percent and enter as a percentage, e.g.12.34% as 12.34)

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