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 seling 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 seling for $1,093 21 with a bond equivalent yield of 9%? The current yield is % (Round to two decimal places)

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