Question: a $ 1 , 0 0 0 par bond having a 9 % coupon rate ( interest is paid semiannually ) with 2 0 years

a $1,000 par bond having a 9% coupon rate (interest is paid semiannually) with 20 years to maturity is currently selling for $1213.55 to yield 7%(ytm). what is the bond's current yield

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