Question: 1. As with most bonds, consider a bond with a face value of $1,000. The bond's maturity is 27 years, the coupon rate is 10%

1. As with most bonds, consider a bond with a face value of $1,000. The bond's maturity is 27 years, the coupon rate is 10% paid annually, and the discount rate is 10%. What is the bond's Current Yield? Enter your answer as a percentage, without the '%' sign, and rounded to one decimal.

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