What is the current yield of a bond with a face value (or part value) of...
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What is the current yield of a bond with a face value (or part value) of $1,000 and a coupon rate of 6% if the bond is currently selling for $940? What is the current yield of a bond with a face value (or part value) of $1,000 and a coupon rate of 6% if the bond is currently selling for $940?
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