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What is the current yield of a $1,000 par value, 6% annual coupon bond that is selling for $930? 4.75%. 6.00%. 6.45%. 5.50%.

What is the current yield of a $1,000 par value, 6% annual coupon bond that is selling for $930?

4.75%.

6.00%.

6.45%.

5.50%.

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