Question: A $ 1 , 0 0 0 bond with a coupon rate of 6 . 5 % has a market price of $ 9 5

A $1,000 bond with a coupon rate of 6.5% has a market price of $950. What is the current yield?
6.5%
6.8%
7.0%
6.2%
 A $1,000 bond with a coupon rate of 6.5% has a

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