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4% Question 2: The following information regarding to bond are as follows: Coupon rate on...

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4% Question 2: The following information regarding to bond are as follows: Coupon rate on the bond Face value of the bond Market price of the bond $1,030 $1,170 Calculate the current yield for the bond. Choose an answer A: The current yield is 11.29%. B: The current yield is 2.58%. C: The current yield is 10.30%. D: The current yield is 3.52%

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