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Wingline, Inc. $1,000 par value bonds mature in 15 years and pay a quoted 6.2% coupon rate on a semi-annual basis. The bonds are currently

Wingline, Inc. $1,000 par value bonds mature in 15 years and pay a quoted 6.2% coupon rate on a semi-annual basis. The bonds are currently selling in the market for $1,056.38 per bond. 


What is the bond's current yield?

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