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What is the current yield on a 7 percent annual coupon bond selling for $1010? a. 6.93 percent b. 6.97 percent c. 7.00 percent d.

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What is the current yield on a 7 percent annual coupon bond selling for $1010? a. 6.93 percent b. 6.97 percent c. 7.00 percent d. 7.03 percent e. 7.07 percent

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