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You purchased a coupon-bearing bond as $1000 and record it as $1200 after exactly on year. If the coupon is $60 paid annually, what is

You purchased a coupon-bearing bond as $1000 and record it as $1200 after exactly on year. If the coupon is $60 paid annually, what is the current yield of the bond?

a. 0.050

b. 0.200

c. 0.060

d. 0.26

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