Question: What is the current yield for a bond with a par value of $1,000 and a 54 annual coupon rate with 20 years to maturity,

What is the current yield for a bond with a par value of $1,000 and a 54 annual coupon rate with 20 years to maturity, if the bond sells for $1,100? 4.55% 6.67% 0 7.50 5.00% 4.25

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