Question: Question 5 (2 points) Determine the current yield on a corporate bond investment that has a face value of $1160, pays 9 percent, and has

 Question 5 (2 points) Determine the current yield on a corporate

Question 5 (2 points) Determine the current yield on a corporate bond investment that has a face value of $1160, pays 9 percent, and has a current price of $1300. Convert your answer to a percent, then round to 1 decimal place (i.e. 1.3 2.4). Do not include the "%" sign in your response Your

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