Question: What is the current yield for a ?$1,000 par value bond that pays interest? semiannually, has 12 years to? maturity, and is currently selling for

What is the current yield for a ?$1,000 par value bond that pays interest? semiannually, has 12 years to? maturity, and is currently selling for $777.27with a bond equivalent yield of 14?%? The current yield is -----------------?%? (Round to two decimal? places.)

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