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What is the current yield of a bond with a 7% coupon, 4 years until maturity, and a price quote of 84? A. 6.00% B.

What is the current yield of a bond with a 7% coupon, 4 years until maturity, and a price quote of 84?

A. 6.00%

B. 7.14%

C. 8.33%

D. 9.38%

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