Question: A 3 . 6 6 % annual coupon, 6 - year bond has a yield to maturity of 6 . 2 3 % . Assuming

A 3.66% annual coupon, 6-year bond has a yield to maturity of 6.23%. Assuming the par value is $1,000 and the YTM is expected not to change over the next year, what is the expected Current Yield for this bond? Please share your answer as a %.
A 3.66% annual coupon, 6-year bond has a yield to maturity

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