Question: 19. If a 30-year bond has a 9% coupon payable annually and a quoted price of $826, then the bond's current yield would be about:

19. If a 30-year bond has a 9% coupon payable annually and a quoted price of $826, then the bond's current yield would be about: a. $90.00 b. 9.00% C. 11.00% d. 12.00%

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