Question: The current yield on a bond with a coupon rate of 5 % purchased at 9 6 is approximately A 4 . 9 6 %

The current yield on a bond with a coupon rate of 5% purchased at 96 is approximately
A 4.96%
4.81%
5.21%
5.17%
 The current yield on a bond with a coupon rate of

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