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What is the current yield of a bond featuring: Face Value is $1,000 Coupon Rate is 8% Time to Maturity is 7 years Current Price

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What is the current yield of a bond featuring: Face Value is $1,000 Coupon Rate is 8% Time to Maturity is 7 years Current Price is $1,200 Enter your answer as a percentage rounded to 2 decimal places. An answer of 23.456 would be entered as 23.46

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