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You own a bond with a face value of $1000 and are currently quoted at 90.452. The bond pays 9% coupon semiannually. It matures in

You own a bond with a face value of $1000 and are currently quoted at 90.452. The bond pays 9% coupon semiannually. It matures in 7 years and its yield to maturity is 11%, what is this bond's current yield? FORMAT TO 4 DECIMAL PLACES

7.55%

9.55%

9.95%

11.00%

10.95%

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