Question: Last year, Sam Long purchased a $1000 Dynamic Electronics corporate bond with an annual interest rate of 6%. The bond's current market price is $770.

Last year, Sam Long purchased a $1000 Dynamic Electronics corporate bond with an annual interest rate of 6%. The bond's current market price is $770. Calculate the following. If necessary, round all answers to two decimal places. If necessary, refer to the list of financial formulas. 1. Annual interest: 2. Current yield: $0 % REZE E

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