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What is the current yield of a bond with a 6% coupon, 4 years until maturity, and a price of $500? Assume face value =

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What is the current yield of a bond with a 6% coupon, 4 years until maturity, and a price of $500? Assume face value = $1,000 Select one: 0 a. 6.0% o b. 8.0% O c. 14.7% d. 12.0%

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