A bond currently trades at a price of $852.72 in the market. The bond offers...
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Finance
A bond currently trades at a price of $852.72 in the market. The bond offers a coupon rate of 7%, paid annually, and has a maturity of 15 years. What is the bond's Current Yield? Enter your answer as a percentage, without the percentage sign ('%'), and rounded to 2 decimals. Use the minus sign ('-') if the yield is negative.
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