Question: Need ASAP Please A $1,000 par value bond with a 7.58 percent coupon rate, currently selling for $1,047, has a current yield of _____. Round

Need ASAP Please

A $1,000 par value bond with a 7.58 percent coupon rate, currently selling for $1,047, has a current yield of _____.

Round the answer to two decimal places in percentage form.

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