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Question: a bond trades today at 95500 and pays an annual...

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A bond trades today at $955.00, and pays an annual coupon of $75.00. What is the current yield on the bond if purchased today? Answer Format: Percentage Round to: 2 decimal places (Example: 9.24%, % sign required. Will accept decimal format rounded to 4 decimal places (ex: 0.0924)) Enter Answer Here...
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