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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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