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What is the current yield of a bond with a 6% coupon, 4 years until maturity, and a price of $840? A. 7.14% B. 6.38%

What is the current yield of a bond with a 6% coupon, 4 years until maturity, and a price of $840?

A.

7.14%

B.

6.38%

C.

6.00%

D.

5.04%

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